The IRS has issued its inflation-adjusted tax figures for 2019. For the earned income tax credit, the maximum amount of earned income on which the credit will be computed is $6,920 for taxpayers with no qualifying children and $10,370 for taxpayers with one qualifying child. The phaseout of the allowable credit will begin at $14,450 for joint filers with no qualifying children and $24,820 for joint filers with one or more qualifying children. The amount of disqualified income (generally investment income) a taxpayer can have before losing the credit is $3,600.

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