Hal_Al
Level 15

Deductions & credits

Q. I received earned income credit on my  2021 tax return, why not for 2022?

A. Special one time, covid inspired, rules were in affect for 2021. 2022 is back to normal. 

 

The earned income credit is first calculated (actually looked up in a table) on your earned income then it is calculated on your total income (AGI). You get the lesser of the two calculated EIC numbers. See the 2022 EIC table at:

https://www.irs.gov/instructions/i1040tt#idm140702909059168