This page is an archived HR news item and may not reflect current university policies or procedures. Items with older posting dates may contain links to web pages that may be expired. References to individuals or groups may or may not be current or valid.

About the Earned Income Tax Credit

Posted: January 25, 2010

The Earned Income Tax Credit is a refundable federal tax credit for eligible working families. It can reduce the amount you need to pay in taxes, and could result in a refund of taxes withheld from your earnings throughout the year. In simple terms, the credit allows working taxpayers to keep more of what they earn.

In 2009, the EITC is available to eligible working families who have earned household income of less than $48,279.

The maximum limit for how much you can earn and still qualify for the Earned Income Tax Credit depends on whether you are married and filing jointly and whether you have children. Income eligibility requirements and other basic qualifications for 2009.

For more information contact University Human Resources at 434.982.0123.

This page is an archived HR news item and may not reflect current university policies or procedures. Items with older posting dates may contain links to web pages that may be expired. References to individuals or groups may or may not be current or valid.