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neikoh
New Member

My earned income credit was alot higher then late year. I fall under the amount

sorry my earned income was lower this year then the last year. I still am lower then acquired amount
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3 Replies

My earned income credit was alot higher then late year. I fall under the amount

The EIC is calculated on a bell curve----EIC goes up or down depending on how much you earned.

 

Use the IRS tool to see 

 

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

 

https://ttlc.intuit.com/questions/1899157-what-are-the-qualifications-for-the-earned-income-credit-e...

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
AmyC
Expert Alumni

My earned income credit was alot higher then late year. I fall under the amount

Earned Income Credit is a bell shaped curve. You make too little or too much and you get less credit. The range varies with your filing status and number of children.

 

Here is a chart from The Tax Library that might help explain.

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My earned income credit was alot higher then late year. I fall under the amount

Or if you want to look at the whole EIC table for yourself---start on page 27of this IRS booklet

 

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

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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