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Maximum Credit Amounts No qualifying children: $560. 1 qualifying child: $3,733. 2 qualifying children: $6,164. 3 or more qualifying children: $6,935.
If your adjusted gross income is greater than your earned income your Earned Income Credit is calculated with your adjusted gross income and compared to the amount you would have received with your earned income. The lower of these two calculated amounts is your Earned Income Credit.
The increases reflect the inflation adjustment. For tax year 2012, the maximum EITC for tax filers without children was $475, and it will increase to $487 in 2013. For families with one child, the maximum credit was $3,169 in tax year 2012, and it will increase to $3,250 in 2013.
To qualify for the EITC, you must: Have worked and earned income under $57,414. Have investment income below $10,000 in the tax year 2021.
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