EIC (Earned Income Credit) Table for 2011, 2012
64EIC (Earned Income Credit) Table
The Earned Income Credit (EIC) is available to taxpayers who fall into a low-income tax bracket established by the IRS. If you meet the requirements, you can claim the earned income tax credit.
Here is a look at the earned income credit table:
Earned income and adjusted gross income (AGI) must each be less than:
- $43,998 ($49,078 married filing jointly) with three or more qualifying children
- $40,964 ($46,044 married filing jointly) with two qualifying children
- $36,052 ($41,132 married filing jointly) with one qualifying child
- $13,660 ($18,740 married filing jointly) with no qualifying children
Tax Year 2011 maximum credit:
- $5,751 with three or more qualifying children
- $5,112 with two qualifying children
- $3,094 with one qualifying child
- $464 with no qualifying children
You must meet the following requirements to be eligible for the EIC:
- You must be married and filing jointly, head of household, qualifying widow, or single. If married, you may not file separately.
- Qualifying children must be under 18, or full-time students.
- Household members must have valid Social Security numbers.
- You must be a U.S. Citizen.
- You must have earned income.
- You cannot be a qualifying child on someone else’s return.
The amount of earned income credit money you are eligible for is determined by your income level and family size. The tax credit either increases your refund or reduces the amount of tax you owe.
TurboTax can help you claim your earned income tax credit. Tax software such as TurboTax Online, will make sure your tax return is accurate and all tax credits and deductions are claimed for you.
Earned Income Credit
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self employed what is the max to get the earned income credit 2 kids and no expenses
this isnt right, te irs updated the lilits for the new year. go to the irs website
I have two teenagers (no biological or Marital relationship) that reside with me as their Biological Grandmother (Adopted Mother now) is not able to physically handle their behavioral issues. I have been taking care of one of the boys for 2 1/2 years because of his behavior issues and the other came to me earlier this year. Am I reading correctly that because I have no Legal relationship (I only have Temp guardianship so they may attend school in my state-Not filed with any court)That I can NOT Claim them under Earned Income Credit. If I am reading that correctly, That is so unfair as I am raising them as I would my own children, they just don't call me mom (I am just the stable adult in their lives - they have already had too many moms and too much confusion). Please let me know if there are special circumstances that would help our unique situation??? Thank you for any help.
This year I will earn 43k
Will i be eligable to recieve an EIC and if so how much if i have three children and my wife is a stay at home mother.
Thanks
just want to knw how much i would get back with two depennddents with 17,400 for the yeas icome had of household
@ Lydia,
No i don't think you will. I belive, as i read it from above you guys are over the cut off limit.
"•0 $457 $13,460 ($18,470- Married filing jointly)"
But i would contact IRS or accontant and ask.
have no children married annual income of 29000 would we get anything back
The form is set up for 3 children this year and last year you were allowed to claim three children as well
how many children can i claim for Eic if was not working? worked up until September.
with a 28000 annual income and filing head of household with 2 children how much will you recieve for the two children
to claim 2 kids or 3 what is the eic different filing head of household
Guadalupe 4 weeks ago
I only made 1,500 lets say 1,600 . have no children under 18. Do i qualify for the EIC?