Maximum Tax Credits

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)