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UPDATES on Tax Credit Eligibility Information for Tax Year 2009

  • Families with one child who earn less than $35,463 in 2009 (or less than $40,463 for married workers) are eligible for a credit of up to $3,043.
  • Families with two children who earn less than $40,295 in 2009 (or less than $45,295 for married workers) are eligible for a credit of up to $5,028.
  • NEW! Families with three or more children who earn less than $43,279 in 2009 (or less than $48,279 for married workers) are eligible for a credit of up to $5,657.
  • Workers without a qualifying child who earn less than $13,440 in 2009 (or less than $18,440 for married workers are eligible for a credit of up to $457.
  • Investment Income limit is $3,100.
  • Child Tax Credit is up to $1,000 per qualifying child. The Additional Child Tax Earnings Threshold is $3,000 in 2009

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