The earned income credit calculation is rather complicated, based on both earned income, the income earned from work, and adjusted gross income (AGI), but most people can simply consult the EIC tax table in IRS Publication 596, Earned Income Tax Credit. If the taxpayer has qualifying children...
TABLE OF CONTENTS Video transcript: Video transcript: Wondering if you should file for the earned income tax credit? Let's figure it out on this edition of Tax Tips by TurboTax. To determine if you qualify for the Earned Income Tax Credit, or EITC, ask yourself the following ...
2024 Earned Income Credit Table (Maximum Credit Amounts & Income Limits) Earned Income Tax Credit for Tax Year 2024 No ChildrenOne ChildTwo ChildrenThree or More Children Maximum 2024 Credit Amount $632 $4,213 $6,960 $7,830 2024 Earned Income Amount $8,260 $12,390 $17,400 $17,400 Ph...
Equity in Affiliates (Pretax) Interest Expense - Interest Expense Growth - Gross Interest Expense - Interest Capitalized Pretax Income - Pretax Income Growth - Pretax Margin Income Tax - Income Tax - Current Domestic - Income Tax - Current Foreign - Income Tax - Deferred Domestic - Income Tax...