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  1. Use this worksheet to figure investment income for the EIC when you file Form 1040 or 1040-SR.

    • SP

      Información sobre el Formulario 1040(sp), Declaración de...

    • EIC

      The earned income credit (EIC) is a tax credit for certain...

  2. Information about Schedule EIC (Form 1040 or 1040-SR), Earned Income Credit, including recent updates, related forms, and instructions on how to file. Schedule EIC (Form 1040 or 1040-SR) is used by filers who claim the earned income credit to give the IRS information about the qualifying child.

  3. 4 wrz 2024 · There are two ways to calculate the amount of your EIC. First, you can calculate the credit yourself using the earned income credit worksheet and earned income credit table found in the 1040 Instruction Booklet.

  4. 30 wrz 2024 · The Earned Income Tax Credit (EITC) helps low- to moderate-income workers and families get a tax break. If you qualify, you can use the credit to reduce the taxes you owe – and maybe increase your refund. Did you receive a letter from the IRS about the EITC? Find out what to do.

  5. 18 gru 2023 · The earned income tax credit (EITC) is a refundable tax credit used to supplement the wages of low-income workers and help offset the effect of Social Security taxes. The EITC is...

  6. 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.

  7. 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). To figure the amount of your credit or to have the IRS figure it for you, see the instructions for Form 1040, lines 27a, 27b, and 27c. Special rule for separated spouses.

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