California Earned Income Tax Credit (2024)

FAQs

Who qualifies for California's earned income tax credit? ›

Check if you qualify for CalEITC

You're at least 18 years old or have a qualifying child. Have earned income of at least $1.00 and not more that $30,950. Have a valid Social Security Number or Individual Taxpayer Identification Number (ITIN) for you, your spouse, and any qualifying children.

Have worked and earned income under $63,398. Have investment income below $11,000 in the tax year 2023. Have a valid Social Security number by the due date of your 2023 return (including extensions) Be a U.S. citizen or a resident alien all year.

WHO QUALIFIES FOR CALEITC? – You have earned income of $30,000 or less. DO I QUALIFY EVEN IF I DON'T HAVE A VALID SOCIAL SECURITY NUMBER? THE AMOUNT OF THE TAX CREDIT DEPENDS ON YOUR INCOME AND FAMILY SIZE.

You can claim the CalEITC by completing and submitting Form 3514 when you file state taxes. Attach the form to your California Form 540, Form 540 2EZ, or Form 540NR. If you don't have a Social Security number (SSN), you can provide your individual taxpayer identification number (ITIN).

Types of income that do not apply include child support, retirement income, alimony, unemployment benefits and social security benefits. The earning from working in prison does not apply either.

If your adjusted gross income is greater than your earned income your Earned Income Credit is calculated with your adjusted gross income and compared to the amount you would have received with your earned income. The lower of these two calculated amounts is your Earned Income Credit.

Received Earned Income Credit (EIC)

If you filed a 2022 tax return and received the EIC, it will be listed on IRS Form 1040, line 27.

You are eligible if you: Filed your 2020 California tax return by October 15, 2021. Meet the California adjusted gross income (CA AGI) limits. Were not eligible to be claimed as a dependent in the 2020 tax year.

Taxpayers may qualify for a credit for income taxes paid to another state when the same income that is taxed by the other state is also taxed by California. Other state income taxes which are paid to the other state do not necessarily have to be in the same year, as long as the taxes relate to the same transaction.

Share: No. The child tax credit is a credit for having dependent children younger than age 17. The Earned Income Credit (EIC) is a credit for certain lower-income taxpayers, with or without children.

Is California getting a stimulus check in 2024? ›

As you have probably guessed by now, there are no stimulus checks coming from either the IRS or California's Franchise Tax Board in 2024. The federal Economic Impact Payments ended with the third check in 2021.

So as long as you earned income, there is no minimum to file taxes in California. It is a good idea to talk with a tax professional to determine your filing status and whether you are required to file or could benefit from doing so anyway.

Have an Adjusted Gross Income (AGI) on your 2020 CA tax return, that is: If filing as Head of household, qualifying widow(er), Married/Registered Domestic Partner (RDP) filing jointly: $500,000 or less. If filing as Single or Married/Registered Domestic Partner (RDP) filing separately: $250,000 or less.

You would have received a notice in the mail. In addition, the refund that you actually received from the IRS would have been less than what was reported on the return that you filed. If you are unsure if you have been previously disallowed for EIC, you would need to contact the IRS at 1-800-829-1040 to find out.