TaxAct^® automatically calculates the Earned Income Credit (EIC) based on the information in your return. If you have a dependent that is a qualifying child, enter your dependent information (including name, SSN, relationship to you, year of birth, number of months lived with you, and student status if ages 19 through 23) during the Basic Information questions. TaxAct will then use the dependent information in the calculation of the earned income credit. To review your dependent entries, click Basic Info, then click the Family tab. You must also enter your income information before the credit can calculate.

To enter or review your EIC information in TaxAct:

1. From within your TaxAct return (Online or Desktop), click Federal. On smaller devices, click in the upper left-hand corner, then click Federal.
2. Click Other Credits in the Federal Quick Q&A Topics menu to expand, then click Earned income credit.
3. On the screen titled Do any of the following situations apply to you?, check all boxes that apply, then click Continue to review the applicable information.
4. The next screen will indicate whether or not you qualify for the EIC. Your total earned income credit amount will appear on the screen.

Additional Information

For detailed AGI limits, investment income limit, and maximum credit amounts, see Earned Income Credit (EIC).

Related Links

• Earned Income Credit - Entering Combat Pay for Calculation
• IRS Earned Income Tax Credit Income Limits and Maximum Credit Amounts
• IRS Earned Income Tax Credit & Other Refundable Credits

Note that any link in the information above is updated each year automatically and will take you to the most recent version of the document at the time it is accessed.