why is my income of 49,000 over the max for 2 children's earned income credit when it IRS states that it is 55,000?

[xmasbaby0]

https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-credits-deductions/qualifications-ea...

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

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

Look at your 2024 Form 1040 to see the child-related credits you received

PREVIEW 1040

https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/preview-turbotax-online-retur...

Child Tax Credit line 19

Credit for Other Dependents line 19

Earned Income Credit line 27

Additional Child Tax Credit line 28

[Hal_Al]

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 2024 EIC table at:

https://www.irs.gov/instructions/i1040tt#idm140702909059168 scroll way down

So, for example, taking a deduction (adjustment to income) for an IRA contribution will not make you eligible for EIC, if your earned income made you ineligible.