Like many tax credits, the Earned Income Tax Credit is available to many different categories of tax filers, not only single parents. And, because it could result in a sizable credit, it's not one that should be overlooked.
The Earned Income Tax Credit was created to help taxpayers hold on to more of their income; even those who do not owe any taxes may qualify for an Earned Income Tax Credit, so it's worth investigating.
To qualify for an Earned Income Tax Credit, a single taxpayer filing as head of household cannot have a modified adjusted gross income of more than $51,567.
The amount of Earned Income Tax Credit also varies by the number of dependents you are able to claim on your taxes. For example, with a qualifying income of no more than $51,567, you could receive an Earned Income Tax Credit of up to $6,143 with three or more qualifying children, up to $5,460 with two qualifying children, up to $3,305 with one qualifying child or up to $496 with no qualifying children [source: IRS].