Is only the earned income credit limited / phased out if investment income / interest over a certain amount?

Curious if there are other credits that are limited / phased out if investment income and/or interest income is over a certain amount?

posted

No, other certain other tax credits are also phased out I(or eliminated), a couple of examples of which are the child tax credits (CTC and ACTC) and the learning credits (AOTC and LLC).

Which credits are applicable to your tax situation?

Do I need to amend my tax return if I didn't report my VA disability on my return?

Expert does your taxes

Do it yourself

Resources

Support

Expert does your taxes

Do it yourself

Resources

Support

Is only the earned income credit limited / phased out if investment income / interest over a certain amount?

Is only the earned income credit limited / phased out if investment income / interest over a certain amount?

Get more help

Do you have a TurboTax Online account?

Is only the earned income credit limited / phased out if investment income / interest over a certain amount?

Do you have an Intuit account?

Is only the earned income credit limited / phased out if investment income / interest over a certain amount?

Get more help

Related Content

Thank you for helping us improve the TurboTax Community!

Sign in to Turbotax

File your taxes, your way

Access additional help, including our tax experts

Post your question

Connect with an expert