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If you had $12,000 in income, for example, and $800 in eligible child care expenses, then, your credit would be 35 percent of $800, or $280. For taxpayers with incomes of more than $43,000, the percentage was 20 percent, with no upper income limit.
The EIC is available to workers with low to moderate incomes. The income limit depends on the number of âqualifying childrenâ and on whether the tax filer is married or unmarried. 1  The limit for families with no children is $14,590 ($20,020 if married);2  the limit for families with one child is $38,511 ($43,941 if married);he income limit depends on the number of âqualifying childrenâ and on whether the tax filer is married or unmarried. 1  The limit for families with no children is $14,590 ($20,020 if married);