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onagnol-d
New Member

If my AGI is less than $49,622 and I have 1 child, why am I not receiving the full EIC?

 
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3 Replies
DanaB27
Employee Tax Expert

If my AGI is less than $49,622 and I have 1 child, why am I not receiving the full EIC?

Please be aware, that the amount of Earned Income Credit (EIC) depends on where you are in the EIC table.  Also, we cannot see any details of your return.

 

Please see What are the qualifications for the Earned Income Credit (EIC or EITC)? for additional information.

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If my AGI is less than $49,622 and I have 1 child, why am I not receiving the full EIC?

The  EITC   is  written on a "bell" curve ... review the chart here (starts on page 27)  : https://www.irs.gov/pub/irs-pdf/p596.pdf

 

 

If my AGI is less than $49,622 and I have 1 child, why am I not receiving the full EIC?

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

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