Maximum Tax Credits
Tax Year 2024
Single, Married Filing Separate, Unmarried Head of Household |
|
| Original Credit (Form 323) | $ 731 |
| Additional Credit (Form 348)* | $ 728 |
| Maximum Tax Credit | $ 1,459 |
Married Filing Jointly |
|
| Original Credit (Form 323) | $ 1,459 |
| Additional Credit (Form 348)* | $ 1,451 |
| Maximum Tax Credit | $ 2,910 |
*Additional Tax Credit is available only when the amount contributed is greater than the maximum that can be claimed on Form 323 (Original Credit)
Tax Year 2025
Single, Married Filing Separate, Unmarried Head of Household |
|
| Original Credit (Form 323) | $ 769 |
| Additional Credit (Form 348)* | $ 766 |
| Maximum Tax Credit | $ 1,535 |
Married Filing Jointly |
|
| Original Credit (Form 323) | $ 1,535 |
| Additional Credit (Form 348)* | $ 1,527 |
| Maximum Tax Credit | $ 3,062 |
*Additional Tax Credit is available only when the amount contributed is greater than the maximum that can be claimed on Form 323 (Original Credit)