I have one child.
2007-08-26 07:27:10 · 4 answers · asked by oek j 1 in Business & Finance ➔ Taxes ➔ United States
These are the figure for 2006. For 2007 it should be slightly more:
* Earned income and adjusted gross income (AGI) must each be less than $32,001 ($34,001 married filing jointly) with one qualifying child;
* Maximum credit: $2,747 with one qualifying child;
* Investment income must be $2,800 or less for the year.
2007-08-26 18:03:52 · answer #1 · answered by MukatA 6 · 0⤊ 0⤋
If you mean you want to get the maximum EIC, your income should be about 15,000-17,000. See pages 55-56 of the 2006 1040 Instructions.
2007-08-26 15:26:12 · answer #2 · answered by r_kav 4 · 0⤊ 0⤋
Around $34,000 on a joint return, otherwise around $32,000. If you are close to hitting the limit, your EIC will be very small.
2007-08-26 14:50:22 · answer #3 · answered by Judy 7 · 0⤊ 0⤋
I believe it is $30,000
2007-08-26 14:44:57 · answer #4 · answered by Guess Who? 5 · 0⤊ 0⤋