EITC Income Limits, Maximum Credit Amounts and Tax Law Updates
2009 Tax Year
New for tax year 2009: The amount of EITC increased for workers with a third qualifying child* and the rules changed for determining who is a qualifying child.
Earned Income and adjusted gross income (AGI) must each be less than:
*
$43,279 ($48,279 married filing jointly) with three or more qualifying children
*
$40,295 ($45,295 married filing jointly) with two qualifying children
*
$35,463 ($40,463 married filing jointly) with one qualifying child
*
$13,440 ($18,440 married filing jointly) with no qualifying children
Tax Year 2009 maximum credit:
*
$5,657 with three or more qualifying children
*
$5,028 with two qualifying children
*
$3,043 with one qualifying child
*
$457 with no qualifying children
