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EITC, Earned Income Tax Credit

2017 EITC, Earned Income Tax Credit

2017 EITC INCOME LIMITS, MAXIMUM CREDIT AMOUNTS AND TAX LAW UPDATES

 Here is the 2017 tax year income limits, maximum EITC amount and the EITC-related tax law changes.

 2017 Tax Year

WWW.IRS.GOV

 

For more information on whether a child qualifies you for  EITC, see Qualifying Child Rules

or Publication 596, Rules If You Have a Qualifying Child.

 

The American Tax Relief Act of 2012

 

The American Tax Relief act extended the relief for married taxpayers, the expanded credit for

taxpayers with three or more qualifying children and other provisions to December 31, 2017. 

Legal Same-Sex Marriages Will Be Recognized For Federal Tax Purposes The U.S. Department of the Treasury and the Internal Revenue Service recently ruled that same-sex couples, legally married in jurisdictions that recognize their marriages, will be treated as married for federal tax purposes. Under the ruling, same-sex couples will be treated as married for all federal tax purposes where marriage is a factor, including filing status, claiming personal and dependency exemptions, taking the standard deduction, employee benefits, contributing to an IRA and claiming the earned income tax credit

or child tax credit.

 

The ruling implements federal tax aspects of the June 26 Supreme Court decision invalidating a key

provision of the 1996 Defense of Marriage Act. 

 

Preview of 2017 EITC Income Limits, Maximum Credit Amounts and Tax Law

Updates by www.irs.gov