SENIOR CITIZENS (OVER AGE 64) ARE NOT ELIGIBLE FOR THE EARNED INCOME
CREDIT (at least they were not for 2020).
HAS ANYTHING HAPPENED TO CHANGE THAT? William Delaney, EA
Westwood, MA
Is my software going
crazy---it is allowing an EIC (when the income qualifies) for my 69 year old taxpayer
who works part-time at the supermarket, bagging groceries! This can’t be right—he didn’t get it last
year! So, your Editor looked it up in
The Tax Book and, sure enough, there it is on page 11-10:
NEW FOR 2021 – Individuals
over age 65. For 2021, this age limit is
eliminated.
That’s close, but not quite
right. The American Rescue Plan Act of
2021 removed the age 64 limitation, but
only for tax year 2021. See Subtitle F,
Part 3, §9621(a)(n)(2) of the Act. Don’t
look a gift horse in the mouth---go for it!
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