topic Is the Earned Income Credit $59,000 to qualify or $49,000? in Retirement tax questions

Is the Earned Income Credit $59,000 to qualify or $49,000?

mkwelch91 — Fri, 20 Jan 2023 14:07:17 GMT

IRS.gov says $59,000 but TurboTax has it set to take of after $49,000

DoninGA — Fri, 20 Jan 2023 14:24:22 GMT

MayaD — Fri, 20 Jan 2023 14:26:31 GMT

To qualify your adjusted gross income (AGI) and your earned income must be less than the following:

If you're married filing jointly:

- $59,187 with more than two qualifying children, or

- $55,529 with two qualifying children, or

- $49,622 with one qualifying child, or

- $22,610 with no qualifying child

If you're filing single or head of household:

- $53,057 with more than two qualifying children, or

- $49,399 with two qualifying children, or

- $43,492 with one qualifying child, or

- $16,480 with no qualifying child.