Earned Income Tax Credit

EITC-Earned Income Tax Credit. There are 7 Rules that must be considered to determine if you qualify for EITC. ~Rule 1—Adjusted Gross Income (AGI) Limits Your adjusted gross income (AGI) must be less than: • $61,555 ($68,675 for married filing jointly) if you have three or more qualifying children who have valid SSNs, • $57,310 ($64,430 for married filing jointly) if you have two qualifying children who have valid SSNs, • $50,434 ($57,554 for married filing jointly) if you have one qualifying child who has a valid SSN, or • $19,104 ($26,214 for married filing jointly) if you don’t have a qualifying child who has a valid SSN. Adjusted gross income (AGI). AGI is the amount on Form 1040 or 1040-SR, line 11b. If your AGI is equal to or more than the applicable limit listed above, you can’t claim the EIC irs.gov, Publication 596.>>>Learn more