Why such small EIC

fortwilson2 — Sat, 01 Jun 2019 05:50:36 GMT

what is different with my child credit this year my daughter and son both attend school this year so i don't paid daycare is that the only way to receive EIC

2016 Earned Income Tax Credit (For Returns Filed in 2017)...

somethingaboutmary — Sat, 01 Jun 2019 05:50:38 GMT

2016 Earned Income Tax Credit (For Returns Filed in 2017)

Maximum 2016 Earned Income Tax Credit Amount (Meaning this is the MAXIMUM amount of your EITC)

0 Children:$506

1 Child: $3373

2 Children: $5572

3 Children: $6269

Earned Income (lower limit) required to get maximum credit (Meaning you have to earn at LEAST this much to get the max credit)

0: $6,610

1: $9,920

2: $13,930

3: $13,930

Phaseout Threshold Amount Begins (for Single, SS, or Head of Household) (Meaning if you make this amount or MORE you will only receive PARTIAL credit)

0: $8,270

1: $18,190

2: $18,190

3: $18,190

Phaseout Amount When Credit Ends (for Single, SS, or Head of Household) (Meaning if you make this amount or MORE you will not receive the credit at all)

0: $14,880

1: $39,296

2: $44,648

3: $47,955

Threshold Phaseout Amount Begins (for Married Filing Jointly) (Meaning if you are MFJ if you make this amount or MORE you will only receive PARITAL credit)

0: $13,820

1: $23,740

2: $23,740

3: $23,740

Phaseout Amount When Credit Ends (for Married Filing Jointly) (Meaning if you make this amount or MORE and are MFJ you will receive no credit at all)

0: $20,430

1: $44,846

2: $50,198

3: $53,505

topic Why such small EIC in Deductions & credits

Why such small EIC

2016 Earned Income Tax Credit (For Returns Filed in 2017)...