Income Eligibility Information
The information you provide is for eligibility purposes only. We are required to have this information on file for each participant we serve for audit purposes.
2/3 of our participants must meet both Income Eligibility and Potential First Generation Eligibility. Students who do not meet both criteria might be put on a wait-list. Â
Income Eligibility is based on TAXABLE INCOME
Taxable Income is not your Adjusted Gross Income
You can find your taxable income on your tax form.
Form 1040 – Line 15 (Last line on 1st page)
If you do not have quick access to your Tax Return and you are trying to estimate your TAXABLE income, here is a quick guide.
Estimated Gross Income - Standard Deduction – Child Tax Credit
Standard Deductions for 2023
25,900 Â Â Â Â Â Â Â Â Â Â Â Standard Deduction for married filing jointly or qualifying widow(er)
 19,400            Filing Head of Household – single parent with children.
12,950 Â Â Â Â Â Â Â Â Â Â Â Single (no child or dependents) or married filing separately
Child Tax Credit for 2023
The maximum tax credit per qualifying child is 2,000 for children 5 and under - or 3,000 for children 6 - 17.
As a parent or guardian, you are eligible for the Child Tax Credit if your AGI is less than $200,000 when filing individually or less than $400,000 if you are filing a joint return with a spouse.
(This information was retrieved from the IRS website on 3/2/2023 this information can help you estimate your taxable income but does not take into account other deductions you might qualify for. If you have access to your Tax forms (1040) refer to line 15.)
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