Case Study 1: EIC TableFred's filing status is Head of Household and he has one qualifying child. The amount shown on lines 1 and 3 of his EIC Worksheet is $19,300. Click here to reference the EIC Table. Based on the EIC table, how much is Fred's earned income credit? Click here for an explanation. Turn to the first page of the EIC tables. Find the amount in the "At least – But less than" column. Find the correct filing status column: Single, Head of Household and Qualifying Widow(er), or in a separate column, Married Filing Jointly. There are subcolumns for the number of qualifying children. For the current tax year, he is entitled to $4,213. The EIC amount is entered on the Earned Income Credit (EIC) line of the return. |