Line 16. Initial Credit before Phase-out
Multiply line 15 by 6 percent (.06).
Line 17. Base Phase-out Amount
Enter the following base phase-out amount determined by your filing status shown on line 1.
| Filing Status | Base Amount |
|---|---|
| Single | $16,742 |
| Married Filing Jointly | $33,484 |
| Married Filing Separately | $16,742 |
| Head of Household | $25,114 |
| Qualifying Surviving Spouse | $33,484 |
Line 18. Income Subject to Phase-out
Subtract line 17 from line 9. If the result is zero or less, enter “0”.
Line 19. Phase-out Amount
Multiply line 18 by 1.3 percent (.013). This is the credit phase-out amount.
Line 20. Taxpayer Tax Credit
Subtract the phase-out amount on line 19 from the initial credit on line 16. If the result is zero or less, enter “0”.