Don't Overlook These 14 Tax Credits and Deductions
The Earned Income Tax Credit is available to taxpayers with low and moderate income who earned at least $1, have a Social Security number that is valid for employment, and meet a short list of other criteria. For single filers without a dependent child and income below $14,820, the credit may be worth up to $503. With one qualifying child, the income threshold rises to $39,131 and the maximum credit is $3,359. The income and credit limits increase for those with two, three, or more children and for married couples filing jointly.