Internal Revenue Service United States Department of the Treasury
Level Basic Advanced Military International

Important Changes This Year

Taxes and Credits

Earned Income Credit (EIC)

For 2022, the maximum credit increased to:

  • $6,935 with three or more children
  • $6,164 with two children
  • $3,733 with one child
  • $560 with no children

To be eligible for a full or partial credit, the taxpayer must have earned income and AGI of at least $1 but less than:

  • $53,057 ($59,187 if Married Filing Jointly) with three or more qualifying children
  • $49,399 ($55,529 if Married Filing Jointly) with two qualifying children
  • $43,492 ($49,622 if Married Filing Jointly) with one qualifying child
  • $16,480 ($22,610 if Married Filing Jointly) with no qualifying child

Investment Income

Taxpayers whose investment income is more than $10,300 cannot claim the EIC.

Portion of the EIC table