Sunday, May 26, 2024

EIC Table 2023, 2024

EIC table

Earned Income Credit (EIC) table 2024 & 2023 or EITC tax table for 2023 & 2024. You must consult these tables to find the maximum AGI, investment income, and credit amounts for the relevant tax year in which you file a tax return.

2023 EIC Table- Max Credit & Phaseout Threshold

Children or Relatives ClaimedMax CreditMin Wage EarningMaxAGI 
above which 
you don’t get EITC
Max AGI 
above which 
you don’t 
get EITC
Phase Out beginsPhase Out begins
Minimum EarningAll othersFiling as Married Filing JointlyAll othersFiling as Married Filing Jointly
Zero60078401764024210980016370
One39951175046560531202156028120
Two66041651052918594782156028120
Three or More74301651056838633982156028120

2024 EIC Table -Max Credit, Max AGI, Phaseout Threshold

Children or Relatives ClaimedMax CreditMin Wage EarningMaxAGI 
above which 
you don’t get EITC
Max AGI 
above which 
you don’t 
get EITC
Phase Out beginsPhase Out begins
Minimum EarningAll othersFiling as Married Filing JointlyAll othersFiling as Married Filing Jointly
Zero$632$8,260$18,591$25,511$10,330$17,250
One$4,213$12,390$49,084$56,004$22,720$29,640
Two$6,960$17,400$55,768$62,688$22,720$29,640
Three or More$7,830$17,400$59,899$66,819$22,720$29,640

EIC Table for Age , Investment & Other Limits for 2024 & 2023

ParticularsTax Year 2024Tax Year 2023
Minimum Age25 years
25 years
Maximum Age65 Years65 Years
Maximum Investment Income$11,600$11,000

EITC Tax Credit Eligibility Other

  • You must have worked and earned income under a threshold as given below in the 2022 and 2023 chart.
  • You must have a valid Social Security number (SSN)  by the due date of your 2021 return (including extensions)
  • You must be a U.S. citizen or a resident alien all year
  • You did not file Form 2555 (related to foreign earned income)

Have you checked our 2024& 2023 EIC Calculator along with eligibility conditions?

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