TaxGuyBill
Level 15

American Rescue Act, Section 9661:

‘‘(E) TEMPORARY RULE FOR 2021 AND 2022.—In the case of a taxable year beginning in 2021 or 2022, subparagraph (A) shall be applied without regard to ‘but does not exceed 400 percent’.’’.

 

It increases the potential credit too.  And if a person collects Unemployment, their income is considered to max out a 133%.