Quote from RCG Trader:
Confusion. A single person who does not own a house WILL pay taxes. Everyone does not own a home or get EIC
False! You do NOT have to own a home to get the EITC. Get your facts straight. A person making 35k a year pays ZERO federal income taxes.
To qualify for Earned Income Tax Credit or EITC, you and your spouse if married and filing a joint return, must meet all of the following rules:
Have a valid Social Security Number
Have earned income from employment, self-employment or another source
Cannot use the married, filing separate filing status
Must be a U.S. citizen or resident alien all year or a nonresident alien married to a U.S. citizen or resident alien and choose to file a joint return and be treated as a resident alien
Cannot be the qualifying child of another person*
Cannot file Form 2555 or 2555-EZ (related to foreign earned income)
Your Adjusted Gross Income and earned income must meet the limits shown on the Income Limits, Maximum Credit Amounts and Tax Law Updates Page
Your investment income must meet or be less than the amount listed on the Income Limits, Maximum Credit Amounts and Tax Law Updates Page