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EIC Worksheet B. Use EIC Worksheet B if you were self-employed at any time in 2023 or are a member of the clergy, a church employee who files Schedule SE, or a statutory employee filing Schedule C. If any of the following situations apply to you, read the paragraph and then complete EIC Worksheet B.
- SP
Esta publicación explica el crédito por ingreso del trabajo...
- EIC
The earned income credit (EIC) is a tax credit for certain...
- SCHEDULE EIC Earned Income Credit
After you have figured your earned income credit (EIC), use...
- SP
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 or 1040-SR, line 27. Taking the EIC when not eligible.
2020 WORKSHEET A, EARNED INCOME CREDIT (EiC) - LINE 27. Keep for Your Records. Before you begin: • Be sure you are using the correct worksheet. Use this worksheet only if you answered "No" to Step 5, question 2, in the instructions. Otherwise, use Worksheet B. PART 1. All Filers Using Worksheet A. 1. Enter your earned income from.
1 Enter "EIC" in the space to the left of Form 1040 or 1040-SR, line 27. Then, if you. have any of the types of income described earlier under Inmate’s income, Pension or. annuity from deferred compensation plans, Medicaid waiver payments, or Clergy, follow.
Before you begin: • See the instructions for Form 1040 or 1040-SR, line 27, to make sure that (a) you can take the EIC, and (b) you have a qualifying child. • Be sure the child’s name on line 1 and social security number (SSN) on line 2 agree with the child’s social security card.
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.
Use the federal 1040 instructions for line 27, federal worksheets, and federal lookup tables in order to arrive at your recomputed federal earned income credit amount. Enter this amount on Form IT-215, line 10.
