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Why is my EIC lower than last year? It went from $870 to $535. I did make $10k more this year. Is that why?

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Why is my EIC lower than last year? It went from $870 to $535. I did make $10k more this year. Is that why?

Yes, earning more income than you did last year can lower the amount of earned income credit. go down. The earned income credit is calculated based on the amount of earned income you have.

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