Qualifying Children Claimed
|Single, Head of Household, or Widowed||$15,820||$41,756||$47,440||$50,954|
|Married Filing Jointly||$21,710||$47,646||$53,330||$56,844|
Investment Income Limit
Investment income must be $3,650 or less for the year.
Maximum Credit Amounts
The maximum amount of credit for Tax Year 2020 is:
- $6,660 with three or more qualifying children
- $5,920 with two qualifying children
- $3,584 with one qualifying child
$538 with no qualifying children.