Social Security Tax Limit 2024 Married Filing Separately. For 2024, the maximum earned income tax credit (eitc) amount available is $7,830 for married taxpayers filing jointly who have three or more qualifying children—it was $7,430 in 2023. For tax years 2024 and later, the credit is a fixed amount for each eligible child based on the taxpayer’s filing status and adjusted gross income.
The income limit for claiming the saver’s credit has been increased to $76,500. Taxable income is calculated by subtracting your deductions from your adjusted gross income.