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RachelW33
June 3, 2019

There is no set "per child" amount that you receive for the Earned Income Credit (EIC).

The Earned Income Credit is calculated based on your "earned income", your Adjusted Gross Income (AGI) from Line 7 of your Form 1040, and how many children you have.  Click here to see how EIC is calculated: 2018 EIC Worksheet.

Think of the EIC as a Bell Curve Graph.  When earned income is very low, the EIC is very low.  As earned income increases, the EIC increases as well…. up to a point.  Once your income hits a certain level (the Peak of the Bell Curve), the EIC begins to decrease as your income increases.  You can check out the EIC Table by clicking here for IRS Pub 596, Page 30: EIC Table.

TurboTax will calculate the EIC automatically for your Tax Return based on the information you input.

  

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