2022 earned income tax table - Search
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  3. Earned Income and Earned Income Tax Credit (EITC) Tables

  4. 1040 TAX AND EARNED INCOME CREDIT TABLES (2023)

  5. People also ask
    What is a 2022 tax table?Tax tables are used to calculate the tax you owe based on your filing status and taxable income. Tax tables are adjusted each year for inflation. You can find the latest tax table, which you'll use in 2023 to file 2022 taxes on the IRS' website, specifically its publication named Tax Year 2022—1040 and 1040-SR Tax and Earned Income Credit Tables.
    What is the maximum income tax credit for 2022?Earned Income Tax Credit. For tax year 2022, the maximum earned income tax credit amount is $6,935 for qualifying taxpayers who have three or more qualifying children. Phaseouts apply. Child Tax Credit.
    How much EITC do you get in 2022?The average amount of EITC received nationwide in tax year 2022 was about $2,541. However, there are still millions of people not taking advantage of this valuable credit. Help us reach the workers who qualify but miss out on thousands of dollars every year without the EITC.
    What is the maximum income tax exemption for 2022?AMT exemptions phase out at 25 cents per dollar earned once AMTI reaches $539,900 for single filers and $1,079,800 for married taxpayers filing jointly (Table 4). The maximum Earned Income Tax Credit (EITC) in 2022 for single and joint filers is $560 if the filer has no children (Table 5).
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