2016 Earned Income Tax Credit (For Returns Filed in 2017)
Maximum 2016 Earned Income Tax Credit Amount (Meaning this is the MAXIMUM amount of your EITC)
0 Children:$506
1 Child: $3373
2 Children: $5572
3 Children: $6269
Earned Income (lower limit) required to get maximum credit (Meaning you have to earn at LEAST this much to get the max credit)
0: $6,610
1: $9,920
2: $13,930
3: $13,930
Phaseout Threshold Amount Begins (for Single, SS, or Head of Household) (Meaning if you make this amount or MORE you will only receive PARTIAL credit)
0:
$8,270
1: $18,190
2: $18,190
3: $18,190
Phaseout Amount When Credit Ends (for Single, SS, or Head of Household) (Meaning if you make this amount or MORE you will not receive the credit at all)
0: $14,880
1: $39,296
2: $44,648
3: $47,955
Threshold Phaseout Amount Begins (for Married Filing Jointly) (Meaning if you are MFJ if you make this amount or MORE you will only receive PARITAL credit)
0: $13,820
1: $23,740
2: $23,740
3: $23,740
Phaseout Amount When Credit Ends (for Married Filing Jointly) (Meaning if you make this amount or MORE and are MFJ you will receive no credit at all)
0: $20,430
1: $44,846
2: $50,198
3: $53,505
