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tfp89ca
New Member

Why is my EIC lower this year? I fall under the same AGI tax bracket and nothing has changed regarding my dependents or deductions.. any help?

 
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Why is my EIC lower this year? I fall under the same AGI tax bracket and nothing has changed regarding my dependents or deductions.. any help?

Was your income from working more -- or less---than last year?   Your EIC is based on how much you earned from working--so if that changes, your EIC changes.   Sometimes more income means less EIC.   

 

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

 

**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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