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Schedule EIC (Form 1040 or 1040-SR) 2019. Page . 2 . Purpose of Schedule. After you have figured your earned income credit (EIC), use Schedule EIC to give the IRS information about your qualifying child(ren). To figure the amount of your credit or to have the IRS figure it for you, see the instructions for Form 1040 or 1040-SR, line 18a.
TAX AND EARNED INCOME CREDIT TABLES This booklet only contains Tax and Earned Income Credit Tables from the Instructions for Forms 1040 and 1040-SR. FreeFile is the fast, safe, and free way to prepare and e- le your taxes. See IRS.gov/FreeFile. Pay Online. It s fast, simple, and secure. Go to IRS.gov/Payments. NOTE: THIS BOOKLET DOES NOT
published, go to IRS.gov/Pub596. What is the EIC? The earned income credit (EIC) is a tax credit for certain people who work and have earned income under $55,952. A tax credit usually means more money in your pocket. It reduces the amount of tax you owe. The EIC may also give you a refund. Can I Claim the EIC?
2019 Earned Income Credit - ($50 wide brackets) 6/12/19 If the If the If the ... 9 10: 11 2: 2,000 2,050: 689 810: 911 155: 4,000 4,050: 1,369 1,610: 1,811 50 100 26 30 34 6 2,050 2,100 706 830 934 159 4,050 4,100 1,386 1,630 1,834 100 150 43 50 56 10 2,100 2,150 723 850 956 163 4,100 4,150 1,403 1,650 1,856
2019 Earned Income Credit (EIC) Table Caution. This is not a tax table. If the amount you are looking up from the worksheet is— And your filing status is— Single, head of household, or. qualifying widow(er) and the number of children you have is— 1. To find your credit, read down the 2.
Figuring and Claiming the EIC: 1. Your adjusted gross income (AGI) must be less than: $50,162 ($55,952 for married filing jointly) if you have three or more qualifying children, $46,703 ($52,493 for married filing jointly) if you have two qualifying children,
Taxpayers may be able to elect to use their 2019 earned income to figure their earned income credit (EIC) and additional child tax credit (ACTC) if their 2019 earned income is more than their 2020 earned income. This election is made on the Basic Information>Personal Information page.