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Earned income tax credit 2013?

Asked by: kcomment 2102 views YA Discussion

A friend told me this year the eitc was going from $ 2500 to $ 3200. Is this true? I file jointly with total earned $ 30000 for my wife and I. Does this apply for me?
1 dependant age 2

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1 Answers

  1. Wayne Z on Jan 17, 2013 Reply

    Ignore your friend.

    The EIC was adjusted slightly to adjust for inflation but there were no major changes from last year.

    EIC varies greatly depending upon your income and the number of children that you have.

    You didn’t mention kids. At $ 30k in income and no kids, your EIC is $ 0.

    Edit:. EIC for one kid on $ 30k in income is $ 1934.

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