Jake and Kate are married and file a joint return. Jake is 74 years old and Kate is 70. Neither are blind. Both are retired. Jake works part-time as a greeter. Jake earned $15,000 in wages. They also received Social Security benefits of $28,000. They received no other income in 2021. Both are U.S. citizens, that lived in the United States all year, and have valid Social Security numbers. They do not have any qualifying children, and no one else lives with them.

1. They are eligible to claim the Earned Income Credit (EIC) in 2021 because they have earned income and adjusted gross income under the EIC threshold

True or False?