|
Number of Children |
Earned Income/Adjusted
Gross Income MUST
be Less Than: |
Maximum Earned Income
Credit** |
|
0 |
| $13,750 if
filing status is Married Filing Jointly |
| $11,750 for all
other filing statuses* |
|
$399 |
|
1 |
| $33,030 if
filing status is Married Filing Jointly |
| $31,030 for all
other filing statuses* |
|
$2,662 |
|
2 or More |
| $37,263 if
filing status is Married Filing Jointly |
| $35,263 for all
other filing statuses* |
|
$4,400 |
|
*Excludes "Married Filing
SEPARATELY." Taxpayer's using this filing status CANNOT claim
the Earned Income Credit. |
|
|
**You MUST use the IRS tables to
determine the exact amount of earned income credit. |
|
|
The
Earned Income Credit CANNOT be claimed if investment income
exceeds $2,700. |
|
Hurricane Katrina
Special rules may apply for people who had
to relocate because of Hurricane Katrina.
You may be able to elect to use your 2004
earned income to figure your Earned Income Credit if:
-
Your 2004 earned income is more than
your 2005 earned income, AND
-
Your main home was in the Hurricane
Katrina disaster area on August 25, 2005.
|
