Earned Income Credit Requirements 2011, 2012
65What Are The Earned Income Tax Credit Requirements?
The earned income credit is an important tax credit that given by the federal government. When you claim the earned income tax credit you can reduce your tax bill and in most cases get a refund.
To qualify for the earned income credit you must meet certain guidelines:
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You must be married and filing jointly, head of household, qualifying widow, or filing single.
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You must have taxable income or earnings from self-employment.
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You, your spouse, and qualifying children must be US citizens.
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You, your spouse and qualifying children must have valid social security numbers.
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You and your spouse must be at least 25 but not older than 65 at the end of the tax year.
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You must not be claimed as a dependent on anyone else’s return.
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If you do not have any qualifying children your income must be below $18,450.0
(married) -
If you have one child your income must be below $40,450.00
(married) -
If you have two children then your income must be below $45,250.00
(married) -
You must reside in the United States for at least half of the tax year.
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You cannot claim the earned income credit if you file using Forms 2555 or 2555-EZ.
If you attempted to claim this credit last year and you were denied then you may want to try again if your income levels have changed or your family size has changed.
To learn more about the earned income credit requirements and guidelines, visit TurboTax Online. TurboTax online offers up to date information on the requirements of the eic tax credit and how to claim the credit.
Earned Income Tax Credit Requirements Video
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Funny how all you guys looking for more handouts have no trouble getting computers and internet.
I attended school all year last year 40 a week & being a stable single mother. I am also 21 & i didnt make 3,000$ this last year, what can i do for Taxes or just wait til next year??!
please send answer t sturkiet@aol.com, my mom gets social security and disability checks and has provided housing and food etc for my 22yrold sister all year. Does my mom qualify for EIC. Her total mthly is$700
plz reqament to jobs in formation in 2011/2012
Louis- you do not pay taxes on any type of social security, only earned income-like your wifes. That is because taxes have already been paid on your social security benefits. God! Don't give the gov. any ideas about double charging us.
The $18,450 is before deductions. All of their calculations are in reference to "before deductions" unless stated otherwise.
I made less than less than 8k last year and have children. Their father and i never married and have been broken up for 2 years. Do I qualify for EITC? Or because I made so little am I liable to file for taxes at all?
Is the $18,450 before or after deductions?
If I filed single & had income of just over 10th claiming no children am I still able to get the earned income creidt?
I'm 26, work part-time made 6,000. Live with my boyfriend who made 20k. We have a one year old child together. Which of us should claim him to get the most money back.
I am 21 years old.for the past two years I have took care of my two nephews and have claimed them as dependents on my tax return.Their parents are not employed so I am the care provider. Is their an exception or anything for the age barrier? because I have been providing for them.
i am single and filing as head of household with two dependant adults do i qualify for the earned income credit my income last year was 21000.00
i recieve ssd do i pay taxes on it im married and my wife works
I am 15 and worked a farm this last year(2010) and I earned almost 1000. I did not have to pay in i am exempt. I earned income so do I qualify for EIC? E-mail me at cashcoin2727@yahoo.com
Lets make this easy. If you don't have a W-2 or don't know what that is, chances are you don't qualify for the EIC.
i am married filing jointly, with 2 qualifying children. housedhold income around $60,000, would we qualify for any EIC?
i'm unemployed live on 3,600 a year rent and interest from cd's 7,000 last year do i qualify for earned income credit
Patricia B. unemployment is not "Earned" income... your husband will get $$ back because they taxed him for the duration of him being unemployed but he does not qualify for EIC. Alyssa m if you have "Never worked" you dont pay taxes therefor you will not get anything back and dont qualify.
So how much do you have to earn to qualify for the credit? I know what its capped at but what If Im single mom HOH? How much do I have to "earn" on the books at work to qualify?
Where can I get a new 2011 W5? Not posted on the IRS website and my employer will not take a 2010 W5 for 2011.
what is the earned income credit for income of 28.000 with one 16 yr. , and one 2 yr old
so i am 23 and my husband is 27. does that mean we can't be qualified for the eic?
oh and im homeschooled? can some one please contact me threw gmail novemberbby@gmail.com and let me know please
so im 19 with a 9month old baby and have never worked can i still get this?
I am married filing joint. We have 3 children and provided daycare appromimately 30,000. My husband got Unemployment and had taxes taken out. Will we be able to get EIC?
Does the income guidelines keep going up the more children you have for example for one child it was 40K for 2 children it was 45K?
That's correct, Gerald. Your Social Security is generally considered non-taxable, and is not at all considered "EARNED INCOME" whatsoever.
I received Social Security ($13,450) this year because I took early retirement and made no other income, and my wife earned $9,500 and no children at home. Is it true that my income is non taxable and just hers would be the amount looked at in reference to the ($18,450 married)
I am 71 years old, single, draw Social Security totaling less than $14,000 per year with no other income. I have legal custody of my 10 year old son who lives with me full time. Is EITC or any other helpful additional income available to me?
Bethany since you are single and head of household you would still recieve the EITC.
So if I have 2 kids, single head of household, and my income is 46k, I won't get any EIC at all??
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Record Keeper for 6 years to company
ashleigh 4 months ago
I am a single mom hoh and my son is 6 months old. I am selfemployed and last year I earned 2355.00 am I eligable for eitc? I am just wondering because the money would really help.