See how much you can receive with the newly adjusted credit limits.
Official credit maximums for the current fiscal year below.The "Inflation Boost" for Families
For the 2026 tax season, the IRS has significantly raised the maximum amounts for refundable credits. The Earned Income Tax Credit (EITC) is designed to help low-to-moderate income workers. The key change this year is the adjustment of the "phase-out" thresholds, meaning you can earn slightly more income than last year and still qualify for the credit.
Unlike standard deductions which simply lower your taxable income, these are Refundable Credits. This means if the credit brings your tax bill to zero, the IRS will send you the remaining amount in cash as part of your refund check.
2026 Maximum EITC Amounts
The table below outlines the maximum potential credit you can receive based on the number of qualifying children you have. These figures are estimates based on the 2026 inflation adjustments.
| Number of Children | Max Credit Amount |
|---|---|
| No Qualifying Children | ~$646 |
| 1 Qualifying Child | ~$4,320 |
| 2 Qualifying Children | ~$7,130 |
| 3 or More Children | ~$7,995 |
Child Tax Credit (CTC) Specifics
The Child Tax Credit remains at a base of $2,000 per qualifying child under age 17. However, the refundable portion (known as the Additional Child Tax Credit or ACTC) has increased due to inflation indexing. This is the portion you get back even if you owe no tax.
- Refundable Cap: For 2026, the refundable amount is projected to rise to approximately $1,700 to $1,800 per child.
- Age Limit: The child must be under age 17 on December 31, 2025. If they turn 17 before the year ends, they qualify for a smaller credit for "Other Dependents" ($500), not the full CTC.
Can I claim EITC if I am self-employed?
Yes. Self-employed individuals (freelancers, gig workers) qualify for the EITC. However, you must claim all your income and expenses honestly. Claiming zero expenses to inflate your income and get a bigger credit is tax fraud.
What happens if my child lives with me only part-time?
To claim the EITC or CTC, the child must have lived with you for more than half the year (at least 6 months and 1 day). In divorce situations, only the custodial parent (who the child slept with the most nights) generally claims the credit.
Why is my refund held if I claim these credits?
By law (the PATH Act), the IRS cannot issue refunds containing EITC or ACTC before mid-February. This extra time allows the IRS to verify income data from employers to prevent fraudulent claims.