Αποτελέσματα Αναζήτησης
Schedule EIC (Form 1040A or 1040) 2010. Purpose of Schedule. After you have figured your earned income credit (EIC), use Schedule EIC to give the IRS information about your qualifying child(ren).
EITC Eligibility Rules for 2010 Tax Year Outlined. FS-2011-8, January 2011. The Earned Income Tax Credit (EITC) is a tax credit for people who work but do not earn high incomes. Nationwide last year, over 26 million eligible taxpayers received nearly $59 billion total in EITC.
Legislative Changes Affecting the EITC in 2011, 2012, and 2013. P.L. 111-5 (ARRA) created a new credit category, for families with three or more children, for tax years 2009 and 2010 only. For families with three or more children, the credit rate in tax years 2009 and 2010 was 45%.
What Is the EIC? The EIC is a tax credit for certain people who work and have earned income under $63,398. A tax credit usually means more money in your pocket. It reduces the amount of tax you owe. The EIC may also give you a refund. Can I Claim the EIC? To claim the EIC, you must meet certain rules. These rules are summarized in Table 1. Table 1.
The United States federal earned income tax credit or earned income credit (EITC or EIC) is a refundable tax credit for low- to moderate-income working individuals and couples, particularly those with children. The amount of EITC benefit depends on a recipient's income and number of children. Low-income adults with no children are eligible. [1] .
The earned income credit (EIC) is a refundable tax credit for most people who work but do not earn high incomes. The purpose of the EIC is to reduce the tax burden and to supplement the wages of working families whose earnings are less than the maximums for their filing status.
Prepare accurate tax returns for people who claim certain tax credits, such as the: Earned Income Tax Credit (EITC) - Helps low- to moderate-income workers and families get a tax break. Child Tax Credit/Credit for Other Dependents (CTC)/(ODC) – Provides a tax benefit for families with a qualifying dependent child and families with dependents ...
