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(1) In general. For taxable years beginning in 2017, the following amounts are used to determine the earned income credit under § 32(b). The "earned income amount" is the amount of earned income at or above which the maximum amount of the earned income credit is allowed. The "threshold phaseout amount" is the amount of adjusted gross income (or, if greater, earned income) above which the maximum amount of the credit begins to phase out. The "completed phaseout amount" is the amount of adjusted gross income (or, if greater, earned income) at or above which no credit is allowed. The threshold phaseout amounts and the completed phaseout amounts shown in the table below for married taxpayers filing a joint return include the increase provided in § 32(b)(3)(B)(i), as adjusted for inflation for taxable years beginning in 2017.

Number of Qualifying Children Item One Two Three or More None Earned Income Amount $10,000 $14,040 $14,040 $6,670

Maximum Amount of Credit $3,400 $5,616 $6,318 $510 Threshold Phaseout $18,340 $18,340 $18,340 $8,340 Amount (Single,

Surviving Spouse, or Head of Household)

Completed Phaseout $39,617 $45,007 $48,340 $15,010 Amount (Single, Surviving Spouse, or Head of Household) Threshold Phaseout $23,930 $23,930 $23,930 $13,930 Amount (Married Filing Jointly)

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Official source

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(1) In general. For taxable years beginning in 2017, the following amounts are used to determine the earned income credit under § 32(b). The "earned income amount" is the amount of earned income at or above which the maximum amount of the earned income credit is allowed. The "threshold phaseout amount" is the amount of adjusted gross income (or, if greater, earned income) above which the maximum amount of the credit begins to phase out. The "completed phaseout amount" is the amount of adjusted gross income (or, if greater, earned income) at or above which no credit is allowed. The threshold phaseout amounts and the completed phaseout amounts shown in the table below for married taxpayers filing a joint return include the increase provided in § 32(b)(3)(B)(i), as adjusted for inflation for taxable years beginning in 2017.

Number of Qualifying Children Item One Two Three or More None Earned Income Amount $10,000 $14,040 $14,040 $6,670

Maximum Amount of Credit $3,400 $5,616 $6,318 $510 Threshold Phaseout $18,340 $18,340 $18,340 $8,340 Amount (Single,

Surviving Spouse, or Head of Household)

Completed Phaseout $39,617 $45,007 $48,340 $15,010 Amount (Single, Surviving Spouse, or Head of Household) Threshold Phaseout $23,930 $23,930 $23,930 $13,930 Amount (Married Filing Jointly)