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What is the earned income tax bracket for 2014?

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Quick Answer

The 2014 earned income tax credit is based on taxpayers' filing status and their number of qualifying children. For single taxpayers, the maximum income bracket ranges from $14,590 to $46,997. For married taxpayers who file jointly, the bracket ranges from $20,020 to $52,247, according to the Internal Revenue Service.

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Full Answer

The maximum credit for single or married taxpayers who have no children is $496 for 2014. The more qualifying children taxpayers have, the larger the credit, the IRS notes. The credit caps at $6,143 for taxpayers with three or more children. For all taxpayers seeking the credit, the yearly limit for investment income is $3,350.

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