In 2023, Zach is single with no dependents. He is not claimed as a dependent on another's return. All of his income is from salary, and he does not have any AGI deductions.
What is his earned income credit in 2023. Zach is 29 years old, and his AGI is $10,000.

Qualifying Children (1) Maximum Earned Income (2) Credit % (3) Maximum Credit (1) × (2) (4) Credit Phase-Out for AGI (5) Phase-Out Percentage No Credit When AGI
Eligible for Credit (or earned income if greater) (or earned income if greater)
over This Amount Equals or Exceeds This Amount (4) + [(3)/(5)]

Married taxpayers filing joint returns
0 $ 7,840 7.65% $ 600 $16,370 7.65% $24,210
1 11,750 34 3,995 28,120 15.98 53,120
2 16,510 40 6,604 28,120 21.06 59,478
3+ 16,510 45 7,430 28,120 21.06 63,398
All taxpayers except married taxpayers filing joint returns
0 $ 7,840 7.65% $ 600 $ 9,800 7.65% $17,640
1 11,750 34 3,995 21,560 15.98 46,560
2 16,510 40 6,604 21,560 21.06 52,918
3+ 16,510 45 7,430 21,560 21.06 $56,838