Volunteer Income Tax Assistance (VITA) Certification Practice Test

The Earned Income Tax Credit (EITC) is designed to assist low- to moderate-income working individuals and families by reducing the amount of tax owed and potentially providing a refund. To qualify for the EITC, there are several specific requirements that taxpayers must meet, and one of them is related to income levels.

Having a gross income over $100,000 actually disqualifies a taxpayer from receiving the credit. The EITC is intended for those with lower incomes, and there are defined income thresholds that vary based on filing status and number of children. Therefore, being above this income limit would mean that individuals cannot claim the EITC.

On the other hand, the other listed requirements, such as having a valid Social Security number, filing a federal income tax return, and having earned income, are essential components for claiming the EITC. Without these, one cannot qualify for the credit, as it is specifically targeted at working individuals who meet these criteria.