Overview. If you have low income and work, you may qualify for CalEITC. This credit gives you a refund or reduces your tax owed. If you qualify for CalEITC and have a child under the age of 6, you may also qualify for the Young Child Tax Credit.

What does CalEITC recipient mean?

The California Earned Income Tax Credit (CalEITC) is a cash back tax credit that puts money back into the pockets of California workers who earn up to $30,000 per year. In its first year, CalEITC boosted the income of nearly 400,000 families, who received almost $200 million back.

What does CalEITC mean?

The California Earned Income Tax Credit (CalEITC) is a refundable California state credit that was created by the Governor and Legislature in 2015 as a way to help low- income working families. ... Families and individuals may receive hundreds and sometimes thousands of dollars between these two credits.