2007 earned income tax credit

Earned Income Credit (EITC)

The most credit you can get is:

$2,853 if you have one qualifying child,

$4,716 if you have more than one qualifying child, or

$428 if you do not have a qualifying child.

The maximum amount of income you can earn and still get credit of $1 to $4 is:

$37,783 ($39,783 if married filing jointly) if you have more than one qualifying child,

$33,241 ($35,241 if married filing jointly) if you have one qualifying child, or

$12,590 ($14,590 if married filing jointly) if you do not have a qualifying child.

The maximum amount of investment income you can have and still get the credit is $2,900.