EIC isn't correct

My EIC isn't figuring correctly. I am head of household with two children and my adjusted gross is under the $55,768 limit. How can it say I qualify with two children and my income is under the limit of $55,768 and I do not get all the credit, only $862 is what is says it will give me??

263

Level 15

Feb 3, 2025 11:56:43 AM

You say that your income was below the limit---but do not mention how much you actually earned. The maximum amount is not given to everyone---it is calculated based on how much you earned.

For more information see:

https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-credits-deductions/qualifications-earned-income-credit-eic-eitc/L7w4BFP32_US_en_US?uid=m62rmz09

https://www.irs.gov/credits-deductions/individuals/earned-income-tax-credit/use-the-eitc-assistant

https://www.irs.gov/pub/irs-pdf/p596.pdf

Why sign in to the Community?

EIC isn't correct