
The Earned Income Tax Credit (EITC) is a financial boost for working people in a recovering economy. Anyone with earnings under $49,078 should see if they qualify at www.irs.gov/eitc, or by visiting a volunteer tax assistance site or local IRS Taxpayer Assistance Center. 2011's maximum credit is $5,751. Millions of workers will qualify for EITC for the first time this year. The population of eligible workers is very fluid. Workers move into and out of eligibility based on changes in their marital, parental and financial status. Approximately one-third of the EITC eligible population turns over every year.
949,692 Ohioans claimed the EITC for tax filing year 2010 which put $2.06 billion in the pockets of low-income workers at an average of $2,170 per return.