EIC (Earned Income Credit) Calculator

The Earned Income Credit (EIC) is a refundable tax credit available to working individuals with low to moderate incomes. The EIC reduces the amount of taxes owed and may also give a refund. You can use this EIC Calculator to calculate your Earned Income Credit based on the number of qualifying children, total earned income, and filing status. Provide the following information and then click "Calculate My EIC" to retrieve results:

  1. Select your filing status from the drop-down list
  2. Choose the number of qualifying children you have
  3. Enter your total earned income.
2024 EIC Calculator

Am I eligible for the EIC ?

Results
Your Estimated EIC amount is $5,826

Reference:

2024 Earned Income Credit Table (Maximum Credit Amounts & Income Limits)

Earned Income Tax Credit for Tax Year 2024
  No Children One Child Two Children Three or More Children
Maximum 2024 Credit Amount $632 $4,213 $6,960 $7,830
2024 Earned Income Amount $8,260 $12,390 $17,400 $17,400
Phaseout Begins
Single, Head of Household, Widow(er)
$10,330 $22,720 $22,720 $22,720
Phaseout Ends
Single, Head of Household, Widow(er)
$18,591 $49,084 $55,768 $59,899
Phaseout Begins
Married Filing Jointly
$17,250 $29,640 $29,640 $29,640
Phaseout Ends
Married Filing Jointly
$25,511 $56,004 $62,688 $66,819

More References

Earned Income and Earned Income Tax Credit (EITC) Tables

Who Qualifies for the Earned Income Tax Credit

IRS: Revenue Procedure 2023-34

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