Phone: 717-481-4813
1236 East King St., Lancaster, PA
Lancaster bookkeeping and tax service

What is the Earned Income Tax Credit?

It is a refundable tax credit for lower income working families and individuals. The amount of credit varies depending on your income level and how many dependents you have.

Tax year 2014 maximum credit
  • $6,143 with three or more qualifying children
  • $5,460 with two qualifying children
  • $3,304 with one qualifying child
  • $496 with no qualifying children

2014 Income Income Limits
  • $46,997 ($52,427 married filing jointly) with three or more qualifying children
  • $43,756 ($49,186 married filing jointly) with two qualifying children
  • 38,511 ($43,941 married filing jointly) with one qualifying child
  • $14,590 ($20,020 married filing jointly) with no qualifying children
  • The investment income must be $3,350 or less for the year.

Tax Preparation, Payroll, Bookkeeping



Phan Tax Service, LLC | 1236 E. King Street, Lancaster, PA 17602