Earned income credit in 2013

October 16, 2012

Yes, there will be earned income credit 2013  when you file your 2012 tax return (filed in 2013):

Preview of 2012 Tax Year from the IRS:
 

Earned Income and adjusted gross income (AGI) must each be less than:

$45,060 ($50,270 married filing jointly) with three or more qualifying children

$41,952 ($47,162 married filing jointly) with two qualifying children

$36,920 ($42,130 married filing jointly) with one qualifying child

$13,980 ($19,190 married filing jointly) with no qualifying children

 

Tax Year 2012 maximum credit:

 

$5,891 with three or more qualifying children

$5,236 with two qualifying children

$3,169 with one qualifying child

$475 with no qualifying children

Related Post:
What Changed About the Earned Income Credit? 

Investment income must be $3,200 or less for the year.

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