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What is the minimum you have to earn to receive earned income tax credit?
Wiki User
∙ 13y ago
To qualify, taxpayers must meet certain requirements and file a tax return, even if they do not have a filing requirement.
Wiki User
∙ 13y ago
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Can you receive tax refund if you have no income?
no you may not If you have no earned income, you would not qualify for the earned income credit.
What age does earned income credit stop?
A person no longer qualifies for the Earned Income Tax Credit after age 65. The minimum age requirement is 25.
Can you receive child tax credit if you did not work?
No. You have to have qualified earned income worked for. Self employment income that you worked for.
Can you claim eic if you do not claim income?
No. You must report income to receive the Earned Income Credit. You must file a tax return to receive the credit, even if you otherwise would not have to. Any amount of the credit over the amount of taxes you owe will be refunded to you.
Can a head of household with 1 qualifying dependent who was unemployed for 2009 receive earned income credit?
I think the answer would be no...its EARNED INCOME CREDIT...you must have earned taxable income for that yr in order to file...as well you must make a certain amount to qualify..also you can not get it if you make to much
Do you have to have a job to receive the Earned Income Credit?
You have to have qualifying earned income pay that you received for your services, worked for, self employment income any of those amounts would be qualifying earned income for the tax credits that are available for the tax year 2009 and 2010
You only received unemployment for 2009 will you be eligible for earned income credit?
Unemployment benefits are not "earned income", so you should not be eligible for earned income credit.
Can i receive the earned income tax credit if i was self employed and have not yet paid taxes?
Self-employment income does qualify as earned income for the credit. If you have children, the EIC is often more than the self-employent tax you owe. This year, it can also qualify you for the Stimulus money.
Who is eligible for the earned income tax credit?
If you had miscellaneous income from working for an individual and received a 1099misc form would this income qualify for the earned income credit??
Is fees earned debit or credit?
Fees Earned is an Income and whenever an income increases its credited! So that makes it a credit.
Is earned income credit a refundable credit?
Yes it is.
Is earned income tax credit an itemized deduction?
No. The earned income tax credit is a credit received by some based on their income and lawful dependent children. It is not a deduction of any kind.
