Enrolled Agent Exam [Part 1] 43, Earned Income Tax Credit (EITC)

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: • EITC is the largest refundable tax credit, providing a refund even with zero tax liability. • The 2025 investment income limit is a strict $11,950 cliff; exceeding it by one dollar means zero credit. • A qualifying child must meet four specific tests: Relationship, Age, Residency, and Joint Return (R-A-R-J). • Taxpayers must satisfy separate limits for both their earned income and their Adjusted Gross Income (AGI). • Taxpayers without a qualifying child can be eligible, but they must be between the ages of 25 and 65. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or Youtube Channel: https://www.youtube.com/@Open-exam-prep