A

Earned Income Tax Credit Pre-Qualifier

4.15

Derivation Chain

Step 1 EITC maximum 7.2M KRW (~$5,400)
Step 2 Demand for eligibility verification among potential recipients

Problem

Workers and Self-employed individuals earning under 22M KRW/year (~$16,500) must navigate HomeTax to check their Earned Income Tax Credit (EITC) eligibility by cross-referencing complex income and asset criteria. The combinations of household type (single/single-earner/dual-earner), total assets, dependent conditions, and other factors are so complex that over 30% of eligible recipients never apply, and many miss the annual application window entirely.

Solution

A simple 5-step questionnaire (income, household type, assets, dependents, employment type) instantly calculates EITC and Child Tax Credit eligibility along with estimated payment amounts. The system provides application period alerts, required document checklists, direct links to the HomeTax application page, and automatically reflects any criteria changes for the current year.

Target: Workers, daily laborers, and Small Business Owners earning under 22M KRW/year (~$16,500), ages 20-60
Revenue Model: Basic diagnosis free + ad revenue; Premium (auto-generated documents + application agent referral) at 9,900 KRW per use (~$7.40)
Ecosystem Role: Consumer
MVP Estimate: 2_weeks

NUMR-V Scores

N Novelty
2.0/5
U Urgency
5.0/5
M Market
5.0/5
R Realizability
5.0/5
V Validation
3.0/5
NUMR-V Scoring System
N Novelty1-5How uncommon the service is in market context.
U Urgency1-5How urgently users need this problem solved now.
M Market1-5Market size and growth potential from proxy indicators.
R Realizability1-5Buildability for a small team with realistic constraints.
V Validation1-5Validation signal quality from competition and demand data.
SaaS N=.15 U=.20 M=.15 R=.30 V=.20 Senior N=.25 U=.25 M=.05 R=.30 V=.15

Feasibility (83%)

Tech Complexity
40.0/40
Data Availability
23.1/25
MVP Timeline
20.0/20
API Bonus
0.0/15
Feasibility Breakdown
Tech Complexity/ 40Difficulty of core implementation stack.
Data Availability/ 25Practical availability and cost of required data.
MVP Timeline/ 20Expected time to ship a usable MVP.
API Bonus/ 15Bonus for viable public API leverage.

Market Validation (51/100)

Competition
8.0/20
Market Demand
6.2/20
Timing
14.0/20
Revenue Signals
7.5/15
Pick-Axe Fit
7.5/15
Solo Buildability
8.0/10
Validation Breakdown
Competition/ 20Signal quality from competitor landscape.
Market Demand/ 20Demand proxies from search and mention patterns.
Timing/ 20Fit with current shifts in tech, behavior, and regulation.
Revenue Signals/ 15Reference evidence for monetization viability.
Pick-Axe Fit/ 15How well the concept serves participants in a trend.
Solo Buildability/ 10Practicality for lean-team implementation.

Technical Requirements

Frontend [low] Backend [low]
Dashboard