Tag: EIC

2017, 2016 and 2015 Earned Income Tax Credit (EIC) Qualification Income Limits

[Updated] Below are the final IRS published 2016 and 2017 Earned Income Tax credit (EITC) figures. You can reference IRS publication 596 or use online tax providers like TurboTax or H&R Block to get a free… Read more »

2018 vs. 2019 Federal IRS Tax Brackets, Tax Rates, Standard Deduction and Personal Exemption Updates

[Updated with 2019 Tax Brackets] Below are the 2019 IRS tax brackets. Note that the updated tax rates and brackets would only apply for the 2019 tax year (filed in 2020)…. Read more »

2014 IRS Tax Brackets and Rates With Standard Deduction and Personal Exemption Updates

Below are the 2014 IRS federal tax brackets based on annual inflation adjustments. Given the low inflation environment there were only moderate increases in tax brackets, standard deductions and to the personal… Read more »