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EXHIBIT 8-10 2019 Earned Income Credit Table Qualifying Children (1) Maximum Earned Income Eligible for Credit (2) Credit % (3) Maximum Credit (1) (2) (4)
EXHIBIT 8-10 2019 Earned Income Credit Table
Qualifying Children | (1) Maximum Earned Income Eligible for Credit | (2) Credit % | (3) Maximum Credit (1) (2) | (4) Credit Phase- Out for AGI (or earned income if greater) Over This Amount | (5) Phase-Out Percentage | No Credit When AGI (or earned income if greater) Equals or Exceeds This Amount (4) + [(3)/(5)] |
---|---|---|---|---|---|---|
Married taxpayers filing joint returns | ||||||
0 | $ 6,920 | 7.65% | $ 529 | $14,450 | 7.65% | $21,370 |
1 | 10,370 | 34 | 3,526 | 24,820 | 15.98 | 46,884 |
2 | 14,570 | 40 | 5,828 | 24,820 | 21.06 | 52,493 |
3+ | 14,570 | 45 | 6,557 | 24,820 | 21.06 | 55,952 |
All taxpayers except married taxpayers filing joint returns | ||||||
0 | $ 6,920 | 7.65% | $ 529 | $ 8,650 | 7.65% | $15,570 |
1 | 10,370 | 34 | 3,526 | 19,030 | 15.98 | 41,094 |
2 | 14,570 | 40 | 5,828 | 19,030 | 21.06 | 46,703 |
3+ | 14,570 | 45 | 6,557 | 19,030 | 21.06 | 50,162 |
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