Submitted By: George
Answered: August 24, 2015 12:46 pm

Are there any age limits on the earned income tax credit?

No. Eligibility for the earned income tax credit is based on income, not age. The amount of the credit varies with the number of qualifying children you have. A modest credit applies even if you have no such child; the credit amount (and the income limits for eligibility) scales up for one child, two, children, or three or more children.

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Tax Glossary

Wash sales

Sales on which losses are disallowed because you recover your market position within a 61-day period.

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