Irs Eic Chart 2024. According to the irs, the eitc can be worth up to $7,430 for the 2023 tax filing year based on your income and the number of dependents you have. Their taxable income on form 1040, line 15, is $25,300.
If you qualify for the eitc, you may also qualify for other tax credits. To claim the earned income tax credit (eitc), you must have what qualifies as earned income and meet certain adjusted gross income (agi) and credit limits for the current, previous and upcoming tax years.