Karen and John are jointly assessed.
Karen is the assessable spouse, and has Case I income of €50,000 in 2023. John has Case II income of €2,500 for the same period.
Karen is due two Earned Income Tax Credits, calculated as follows:
Karen's income: €50,000 x 20% = €10,000
Maximum Earned Income Tax Credit available = €1,775
John’s income: €2,500 x 20% = €500
The combined Earned Income Credits available under joint assessment for 2022 are €2,200 (€1,775 + €500).