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January 30, 2024
Question

Wondering if my EIC amount is correct on 22 & 23 year's returns. My tax return has decreases significantly over the past two years. I noticed my EIC has changed.

  • January 30, 2024
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1 reply

Employee
January 30, 2024

Yes----your EIC is calculated based on several factors---one of which is how much you earned by working.  If you earned a lot less or a lot more, your EIC will be different.

 

https://ttlc.intuit.com/questions/1899157-what-are-the-qualifications-for-the-earned-income-credit-eic-or-eitc

https://www.irs.gov/credits-deductions/individuals/earned-income-tax-credit/use-the-eitc-assistant

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**