1. Short title This Act may be cited as the Enhancing Advancement, Reducing Noncompliance, and Improving Trust Act or the EARN IT Act . 2. Increase in earned income credit for individuals with no qualifying children (a) Percentages The table in section 32(b)(1) of the Internal Revenue Code of 1986 is amended by striking 7.65 both places it appears and inserting 15.3 . (b) Earned income and phaseout amounts The table in section 32(b)(2) of such Code is amended— (1) by striking $4,220 and inserting $6,570 ; and (2) by striking $5,280 and inserting $11,500 . (c) Reduction in minimum age Section 32(c)(1)(A)(ii)(II) of such Code is amended by striking age 25 and inserting age 21 . (d) Inflation adjustments Section 32(j)(1)(B) of such Code is amended— (1) in clause (i) by inserting except as provided in clause (iii), before in the case of ; (2) by striking and at the end of clause (i); (3) by striking the period at the end of clause (ii) and inserting , and