What is the income limitation for EIC?

Article ID: 59663  

Question
What is the income limitation for EIC?

Answer

Earned Income and AGI Limits (for 2021 tax year)

Earned income and adjusted gross income (AGI) must each be less than:

If filing... Qualifying Children Claimed
ZeroOneTwoThree or more
Single, Head of Household or Widowed $21,430 $42,158 $47,915 $51,464
Married Filing Jointly $27,380 $48,101 $53,865 $57,414

Investment Income Limit

Investment income must be $10,000 or less for the year.

Maximum Credit Amounts

The maximum amount of credit for Tax Year 2021 is:

  • $6,728 with three or more qualifying children
  • $5,980 with two qualifying children
  • $3,618 with one qualifying child
  • $1,502 with no qualifying children

 

For more information on whether a child qualifies you for the EITC, see Qualifying Child Rules or Publication 596, Rules if You Have a Qualifying Child.

 

 


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Views: 1869 Created on: Jun 15, 2013