What is the EIC, and Can It be Calculated
Written on December 21, 2011 by Frank Ellis
Filed Under: Business
If you have children you may qualify for even more. Even if you don’t make enough to file a tax return, you may still qualify for the earned income tax credit and get a refund.
You may qualify for up to $5,666
- If you are single and earned less than $13,400
- Single with one child and earned less than $35,450 single with 2 or more children and earned less than $40,250
- Married and earned less than $18,400 married with one child and earned less than $40,450 married with 2 or more children and earned less than $45,250
Earned Income Credit Qualifications
The children need to be under 19 years old or if they are students, under 24. Children with permanent disability may be any age. Foster children and children that you have been financially responsible for may also qualify. The earned income credit is designed to help you financially. I think you should check this out, don’t you?
Tags: 2011 ,calculator ,eic
Comments
No Comments
Leave a reply