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  2. Earned Income Credit Table: Find Out If You Qualify - AOL

    www.aol.com/finance/earned-income-credit-table...

    2020 Tax Year Earned Income Tax Credit Income Limits . If your filing status is: Number of Qualifying Children. 0. 1. 2. 3. Single. $15,820. $41,756. $47,440. $50,594

  3. Earned income tax credit - Wikipedia

    en.wikipedia.org/wiki/Earned_income_tax_credit

    Tax credit equals $0.34 for each dollar of earned income for income up to $10,540. For income between $10,540 and $19,330, the tax credit is a constant "plateau" at $3,584. For income between $19,330 and $41,765, the tax credit decreases by $0.1598 for each dollar earned over $19,330.

  4. Earned Income Tax Credit: Find Out if You Qualify - AOL

    www.aol.com/earned-income-tax-credit-qualify...

    EITC stands for earned income credit, and for the 2024 tax year, the credit can range between $632 to $7,830 for qualifying taxpayers. What is the EITC income limit for 2024? The earned income ...

  5. What Are the 2020-2021 Federal Tax Brackets and Tax Rates? - AOL

    www.aol.com/finance/2020-2021-federal-tax...

    The following is a breakdown of the IRS2020 and 2021 tax brackets and rates, as well as a glance at some other important changes. ... The 2021 maximum Earned Income Credit will be $6,728 in ...

  6. Rate schedule (federal income tax) - Wikipedia

    en.wikipedia.org/wiki/Rate_schedule_(federal...

    The origin of the current rate schedules is the Internal Revenue Code of 1986 (IRC), [2] [3] which is separately published as Title 26 of the United States Code. [4] With that law, the U.S. Congress created four types of rate tables, all of which are based on a taxpayer's filing status (e.g., "married individuals filing joint returns," "heads of households").

  7. IRS Issues New Guidelines for the Earned Income Tax Credit ...

    www.aol.com/irs-issues-guidelines-earned-income...

    The IRS posted new guidelines about the Earned Income Tax Credit on its website this week that aim to provide more information to eligible taxpayers on how to properly claim the credit when they...

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