Earned Income & AGI Limits

The low-to-moderate income threshold for FY 2017, Tax Year 2016, is $54,000. Your earned income and adjusted gross income (AGI) must each be less than the following to qualify:
If filing...
Qualifying Children Claimed
Zero
One
Two
Three or more
Single, Head of Household or Widowed
$14,880
$39,296 
$44,648
$47,955 
Married Filing Jointly
$20,430
$44,846
$50,198
$53,505

Investment Income Limit


Investment income must be $3,400 or less for the year.

Maximum Credit Amounts


The maximum amount of credit for Tax Year 2016 is:
  • $6,269 with three or more qualifying children
  • $5,572 with two qualifying children
  • $3,373 with one qualifying child
  • $506 with no qualifying children
For more information on whether a child qualifies you for EITC, see:

The American Tax Relief Act of 2012


The American Tax Relief act extended the relief for married taxpayers, the expanded credit for taxpayers with three or more qualifying children and other provisions to December 31, 2017.

Irs Recognizes Legal Same-Sex Marriages


The U.S. Department of the Treasury and the Internal Revenue Service recently ruled that same-sex couples, legally married in jurisdictions that recognize their marriages, will be treated as married for federal tax purposes. Under the ruling, same-sex couples will be treated as married for all federal tax purposes where marriage is a factor, including filing status, claiming personal and dependency exemptions, taking the standard deduction, employee benefits, contributing to an IRA and claiming the earned income tax credit or child tax credit.

The ruling implements federal tax aspects of the June 26, 2013 Supreme Court decision invalidating a key provision of the 1996 Defense of Marriage Act. Read more.