How do you calculate the earned income credit? To calculate your earned income credit you assess if your AGI is greater than your earned income, the difference being your earned income tax credit.

New York allows deductions for such expenses as: You can claim New York’s earned income tax credit if you meet three conditions: You have a qualifying child. You claimed the federal earned ...

The Earned Income Tax Credit (EITC) is a federal tax exemption for workers who report low to moderate incomes, regardless of whether they have children or not. It is also known as the Earned ...