Yes — if you have earned income and your income falls below certain limits, you may qualify for the Earned Income Tax Credit (EITC), one of the most valuable credits for working individuals and families. For 2024, the maximum credit ranges from $632 (no children) to $7,830 (three or more qualifying children), depending on your income and family size. The EITC is fully refundable — you can receive it even if you owe no tax. Investment income above $11,600 (2024) disqualifies you from the EITC. You must have a valid Social Security number and cannot file as married filing separately to claim this credit.