SECTION 4. MODIFICATION OF REV.

PROC. 2008–66

To reflect the statutory amendments made by ARRTA to §§ 24, 25A, 32, 132, and 179, sections 3.04, 3.05, 3.06(1), 3.12, and 3.20 of Rev. Proc. 2008–66 are modified to read as follows:

.04 Child Tax Credit .For taxable years beginning in 2009, the value used in § 24(d)(1)(B)(i) to determine the amount

2009–16 I.R.B. 861 April 20, 2009

Number of Qualifying Children

Item One Two Three or More None

Earned Income Amount $ 8,950 $12,570 $12,570 $ 5,970

Maximum Amount of Credit

Threshold Phaseout Amount (Single, Surviving Spouse, or Head of Household)

Completed Phaseout Amount (Single, Surviving Spouse, or Head of Household)

Threshold Phaseout Amount (Married Filing Jointly)

Completed Phaseout Amount (Married Filing Jointly)

$ 3,043 $ 5,028 $ 5,657 $ 457

$16,420 $16,420 $16,420 $ 7,470

$35,463 $40,295 $43,279 $13,440

$21,420 $21,420 $21,420 $21,420

$40,463 $45,295 $48,279 $18,440

Rev. Proc. 2009–22