Advertisement (Banner)Responsive ad slot
Earned Income Credit Calculator
The Earned Income Credit (EIC) is a refundable tax credit designed to help low-to-moderate-income working individuals and families. The credit amount increases with earned income and number of qualifying children, then phases out at higher income levels. Use this calculator to determine your eligibility and estimate your potential EIC benefit.
Earned Income Credit Calculator
Earned Income Credit Calculator
Calculate your eligibility and potential credit amount for the Earned Income Credit (EIC), a refundable tax credit for low-to-moderate-income working individuals and families.
Income Details
Credit Breakdown
Maximum Credit$3,995
Initial Credit (34.0% of earned income)$3,995
Phase-Out Amount-$466
Calculated Credit$3,529
Your Results
Earned Income Credit
$3,529
refundable credit
Child Category
1 child
Maximum Possible
$3,995
Investment Income Limit
To qualify for the EIC, your investment income must be $11,500 or less. Your current investment income is $0.
Tax Tips
- •The EIC is refundable - you can receive it even if you owe no tax.
- •Having qualifying children increases your maximum credit amount.
- •Keep investment income below the limit to maintain eligibility.
- •Consult a tax professional for complex family situations.
Related Calculators
Advertisement (Banner)Responsive ad slot