If the income resulted from property or an investment before the marriage occurred. Inheritances are considered separate property regardless of when they were conferred.
The Earned Income Credit can't be claimed if you file Married Filing Separately.It can be claimed by all other filing status (Single, Married Filing Jointly, Head of Household, Qualifying Widow/er).For more information, go to www.irs.gov/taxtopics for Topic 601 (Earned Income Credit). Also go to www.irs.gov/formspubs for Publication 596 (Earned Income Credit).
Yes any income that you work for would be earned income.
No, earned income has to come from wages or self-employment.
NO workers compensation for an on the job injury is not qualified taxable earned income for the earned income credit.
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no you may not If you have no earned income, you would not qualify for the earned income credit.
Income earned
YES You Can! When you have earned income, and your MAGI is less than - $166,000 (married filing jointly filers) - $114,000 (single and head of household filer) - $10,000 (married filing separately) You can contribute the lesser of your earned income or $5,000 for 2008. For more information about IRAs see IRS Pub 590, Individual Retirement Arrangements.
Unemployment benefits are not "earned income", so you should not be eligible for earned income credit.
Earned income comes from wages or self-employment. The IRS considers rental income as passive (not from work.)
The income which is yet to be earned.
Earned income can include wages, tips, salaries, net earnings from self employment. Basically earned income is the money you make from working for someone else or from you working in the business you own. It is considered earned income if you worked for it.