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Monday, January 13, 2014

Earned Income 2013

Earned income amount is more. The maximum amount of income you can earn and still get the credit has increased. You may be able to take the credit if:
  • You have three or more qualifying children and you earned less than $46,227 ($51,567 if married filing jointly),
  • You have two qualifying children and you earned less than $43,038 ($48,378 if married filing jointly),
  • You have one qualifying child and you earned less than $37,870 ($43,210 if married filing jointly), or
  • You do not have a qualifying child and you earned less than $14,340 ($19,680 if married filing jointly).

Your adjusted gross income also must be less than the amount in the above list that applies to you

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