The Earned Income Tax Credit (EITC) is a federal and state tax credit for people making up to $66,819 a year and can give families up to $7,830 back when they file taxes. Many Oregonians are missing out on this money because they simply don’t know about it, or because they aren’t filing taxes at all.
Do you qualify for this tax credit?
Check out the federal income limits listed below. Even if you’re not required to file taxes because of your income level, you may be able to get a refund on taxes you did pay during the year or through credits like the Earned Income Tax Credit.
All Oregon employers are required to notify their employees about the Earned Income Tax Credit.
At a minimum, that means providing employees with written notice along with their Form W-2 each year. Employers are free to send that notice by regular or electronic mail, hand-delivery, or in any electronic manner used to provide the employee’s federal Form W-2. The notice needs to include the websites on EITC from the Oregon Department of Revenue and the IRS.
ORS 652.755;
OAR 839-020-0087.
Sample text employers can send to employees that meet the requirements:
Hundreds of thousands of Oregonians are eligible for the Earned Income Tax Credit but don’t know it — they could be missing out on a tax credit of up to $7,830.
DO YOU QUALIFY FOR THIS TAX CREDIT?
If your income was less than $66,819 in 2024, you may be able to get this refund.
Check out the federal limits on the EITC for tax year 2024:
Children or Relatives
Claimed |
Maximum AGI
(filing as Single, Head of Household, Widowed or Married Filing Separately) |
Maximum AGI
(filing as Married Filing Jointly) |
Maximum Credit |
| Zero | $18,591 | $25,511 | $632 |
| One | $49,084 | $56,004 | $4,213 |
| Two | $55,768 | $62,688 | $6,960 |
| Three | $59,899 | $66,819 | $7,830
|
** Investment income must be $11,600 or less for 2024.
- What if I didn’t make much money last year – do I still need to file taxes?
Even if you’re not required to file taxes based on your income level, you may be able to get a refund on taxes you paid during the year or through credits such as the Earned Income Tax Credit!
NOTE: This information is intended to provide generalized financial information designed to educate a broad segment of the public; it does not give personalized tax, investment, legal, or other business and professional advice.