Question
For the 2021 tax year, which of the following is incorrect regarding the California Earned Income Tax Credit (CalEITC)? A. The CalEITC is available to
For the 2021 tax year, which of the following is incorrect regarding the California Earned Income Tax Credit (CalEITC)?
A. The CalEITC is available to California households with California maximum earned income of less than $30,000 regardless of the number of qualifying children
B. The maximum amount of investment income to remain eligible for the CalEIT
C is $4,053C. Taxpayers with only an Individual Taxpayer Identification Number (ITIN) are not eligible for the CalEITC
D. If the taxpayer qualifies for CalEITC and has a child under the age of 6 as of the end of the tax year, he or she may qualify for up to $1,000 through the Young Child Tax Credit (YCTC)
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