How much is earned income?

Answer There is no set amount of earned income. The amount of earned income varies on how much the individual actually works. Any taxable income or wages received from working is considered earned income.... Read More »

Top Q&A For: How much is earned income

How much money do you have to make to get earned income credit?

The earned income tax credit (EITC) is determined by how much total money an employed person makes in a year. The earned income credit does not have a lower threshold earnings amount; you just need... Read More »

How much earned income child credit do you get back when you have two children?

The earned income tax credit received by a taxpayer with two children depends on the taxpayer's adjusted gross income and filing status. In the 2009 tax year, the maximum EITC for a family with two... Read More »

Is there a minimum income to file for earned income credit?

There are no minimum income level requirements to file for the earned income credit. According to the Internal Revenue Service (IRS), several rules are in place regarding earned income tax credit e... Read More »

Does sick pay qualify as income for the earned income credit?

Sick pay does fall under earned income. The Internal Revenue Service allows two ways to make earned income: either someone you work for pays you or you work in your own business, so sick pay would ... Read More »