Background: The EITC for three or children, with 45% credit rate and maximum credit of $6,269 was a temporary increase sun setting after 2017 (Sec 32(b)(3).
Under the legislation (Act Sec 103):
- The three of more children rates have been made permanent.
- Adds program integrity provisions, which prohibits an individual from retroactively claiming the AOTC by amending a return, or filing an original return if he failed to file, for any prior year in which the individual or a student for whom the credit is claimed did not have an ITIN (Act Sec 206).
- Reduces the marriage penalty, by increasing the income phase-out by $5,000 (was $3,000) for those filing jointly.