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The Earned Income Tax Credit: How Does It Work? Unable to load the audio player. playpausemuteunmute Doug Jaggers/WFYI Just shy of one million people in Indiana live below the poverty line. One policy designed to help is the earned income tax credit, or EITC. This past legislative session, Indiana increased its earned income tax credit from 9 percent to 10. But how does it work, and what might it mean for working families? The Basics The earned income tax credit gives low-income people unrestricted cash to spend on whatever they need. To be eligible, you need to earn money through a job hence the name “earned income” but still live close to the poverty line. For example, a single adult without kids would make just shy of $16,000 a year to qualify. Depending on how many kids you have, the baseline income goes up from there, all the way to $57,414 for a married couple with three or more children.

United statesDoug jaggersJessica fraserMike downs centerIndiana institute for working familiesIndiana instituteWorking familiesAndrew downsIndiana politicsGreat recessionஒன்றுபட்டது மாநிலங்களில்டக் ஜாகர்கள்ஜெசிகா ஃப்ரேசர்மைக் தாழ்வுகள் மையம்இந்தியானா நிறுவனம் க்கு வேலை குடும்பங்கள்இந்தியானா நிறுவனம்