# Earned Income Credit (EIC) Advance Payment Information

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# (Effective Pay Period 26, 2009)

Use the following steps to calculate the EIC advance payment. **Note:** Once the employee's year-to-date annual taxable wages paid reach **$35,536** or more for **single, head of household, or widow(er)** filers or **$40,546** or more for married filers, the EIC advance payment is $0.00.

- Subtract the nontaxable biweekly Thrift Savings Plan contribution from the gross biweekly wages.
- Subtract the nontaxable biweekly Federal Health Benefit Plan payment(s) (includes flexible spending account - health care and dependent care deductions) from the amount computed in step 1.
- Add the taxable biweekly fringe benefits (taxable life insurance, etc.) to the amount computed in step 2 to obtain the adjusted gross biweekly wages.
- Multiply the adjusted gross biweekly wages by 26 to obtain the annual taxable wages.
- If the employee (
**single, head of household, or qualifying widow(er)**) is filing for EIC advance payment, apply the annual taxable wages to the following table:

**If the Amount of**

Annual Wages Is:**The Amount of EIC**

Advance Payment Should Be:Over:

But Not Over:

Of Excess Over: $0

$8,970.00

$0

plus

20.400%

$0

8,970.00

16,450.00

1,830.00

16,450.00

35,536.36

1,830.00

less

9.588%

16,450.00

35,536.36

and over

0

- If the
**married employee (not spouse)**is filing for EIC advance payment, apply the annual taxable wages to the following table:

**If the Amount of**

Annual Wages Is:**The Amount of EIC**

Advance Payment Should Be:Over: But Not Over: Of Excess Over: $0 $8,970.00 $0 plus 20.400% $0 8,970.00 16,450.00 1,830.00 21,460.00 40,546.36 1,830.00 less 9.588% 21,460.00 40,546.36 and over 0 - If the
**married employee**and**spouse**are filing for EIC advance payment, apply the annual taxable wages to the following table:

**If the Amount of**

Annual Wages Is:**The Amount of EIC**

Advance Payment Should Be:Over: But Not Over: Of Excess Over: $0 $4,485.00 $0 plus 20.400% $0 4,485.00 10,730.00 915.00 10,730.00 20,273.18 915.00 less 9.588% 10,730.00 20,273.18 and over 0 - Divide the annual EIC advance payment amount by 26 to obtain the biweekly EIC advance payment amount.