United States Department of Agriculture |
Office of the Chief Financial Officer |
National Finance Center |
P.O. Box 60000 New Orleans Louisiana 70160 |
Earned Income Credit (EIC)
Title: | I, Payroll/Personnel Manual |
Chapter: | 28, Section 2, Tax Formulas (TAXES) |
Bulletin: | Earned Income Credit (EIC) |
Date: | December 10, 2009 |
Reference Number: | NFC-09-1260472442 |
Effective: | Pay Period 26, 2009 |
To: | Payroll/Personnel Manual Personnel User Groups Agency Personnel Offices |
Beginning with wages paid for Pay Period 26, the National Finance Center (NFC) will make the following changes to the Earned Income Credit (EIC) advance payment formula:
- The maximum limit on year-to-date earnings to be eligible for an EIC payment will change from $35,463 to $35,536 for Single/Head of Household/Widow(er) filers and the maximum limit for Married filers will change from $40,464 to $40,546.
- The maximum annual EIC payment will change from $1,826 to $1,830 for employees filing Single/Head of Household/Widow(er) or Married Without Spouse Filing Certificate.
- The maximum annual EIC payment will change from $913 to $915 for employees filing Married With Both Spouses Filing Certificates.
- The EIC tables will change for employees filing as a Single/Head of Household/Widow(er), Married Without Spouse Filing Certificate, and Married With Both Spouses Filing Certificates.
To view and/or print the updated EIC advance payment formula, go to NFC's Home Page (www.nfc.usda.gov) and click the Publications tab. Then on the right-hand Quicks Picks menu, click Tax Formulas and select Federal from the map provided. Changes to the EIC advance payment formula are identified by " ."
For questions about NFC processing, contact the Payroll/Personnel Call Center at 504-255-4630.
/s/
JOHN S. WHITE, Acting Director
Government Employees Services Division