2023: Investment Income ≤ $11,000 Source: Rev. Proc. 2022-38 0 $600 $17,640 ($24,210) 1 $3,995 $46,560 ($53,120) 2 $6,604 $52,918 ($59,478) 3 or more $7,430 $56,838 ($63,398) Source: EIC Income Limits, Maximum Credit Amounts and Tax Law UpdatesThe...
Does some of the income you report on your tax return come from employment, or work you perform as a sole proprietor or independent contractor? If your answer is yes, you satisfy one of the requirements for taking the earned income credit....
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...