If you worked at any time during 2019, these are the income guidelines and credit amounts to claim the Earned Income Tax Credit and Child Tax Credit when you file your taxes in 2020.
The Earned Income Tax Credit (EITC) in Tax Year 2019
|Number of children:||Single workers with income less than:||Married workers with income less than:||EITC up to:|
|3 or more||$50,162||$55,952||$6,557|
EITC Investment Income Limit = $3,600
The Child Tax Credit (CTC)
The Child Tax Credit is worth a maximum of $2,000 per qualifying child. Up to $1,400 is refundable.
To get a CTC refund, you must earn more than $2,500.