The expanded Earned Income Tax Credit (EITC) that has been in place for 2009 and 2010 has been extended through 2011 and 2012. The expanded credit allows a higher EITC for families with three or more qualifying children (the "normal," non-expanded EITC rules are based on a maximum of 2 qualifying children).
For 2010, the EITC could be available to taxpayers with 3 children and income of up to $48,362 if married, and $43,352 for other filing statuses. This is a slight increase over the 2009 amounts.
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