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Can you qualify for earned income credit on your taxes for a disabled parent?
Wiki User
∙ 13y ago
I don't have an answer, i want to know the answer
Wiki User
∙ 13y ago
Wiki User
∙ 9y agoThis will depend on several factors such as the age of the taxpayer and the amount and kind of income received. There is no standard amount of earned income tax credit.
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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.
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??
How much income do you have to earn to qualify for earned income credit?
$3500 or more
How much taxable income do you have to make to get the earned incomecredit return?
When you qualify for the earned income tax credit and you have the qualified taxable earned income of 1 to 50 you can get 2 of earned income tax credit. And it also possible that could qualify for some of the making work pay tax credit. This would only happen when your income tax return is completely correctly.
Do you qualify for eic when self employed?
Any earned income, including net earnings from self-employment, may qualify you for the Earned Income Credit. But you still have to meet the income limits and other requirements.
Can you qualify for earned income credit if your only income was welfare?
Since 1-21-08 yes with obamanation
How do i apply for earned income credit if I am self employed?
Self-employment income is earned income. If you meet all the requirements of the requirements for the earned income credit, you would claim it on your tax return. For more information, go to irs.gov website and type this in the search box: "Do I qualify for earned income credit." This will give you information about all the qualifications.
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.
Where can one find an earned income credit table?
The IRS government site has an earned income tax credit table. Also, Turbo Tax has a good earned income credit table. Turbo Tax will ask questions that will help one determine if they qualify for a credit. Then, one can use their income credit table to see how much credit they can claim.
Under which circumstances do individuals and couples qualify for earned Income Tax Credit?
Low income or having dependent children
Earned Income Credit (EIC) Calculator?
Earned Income Credit (EIC) Calculator Earned Income Credit (EIC) is a tax credit available to low income earners. In some cases the EIC can be greater than your total income tax bill, providing an income tax refund to families that may have little or no income tax withheld from their paychecks. Use this calculator see if you qualify for the Earned Income Credit, and if so, how much it might be worth to you and your family. This calculator creates estimated values for tax year 2010.
Do you get earned income for babies?
Only when you qualify for the earned income tax credit and have some amount of the qualifying earned income funds that you worked for and you complete your 1040 federal income tax return completely and correctly will you know how much of the EITC you might qualify for with a qualifying child that was born before the end of the tax year.
