answersLogoWhite

0

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.

User Avatar

Wiki User

15y ago

What else can I help you with?

Related Questions

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.


Can self employed persons qualify for Family Medical Leave?

they should be did you buy insurance


Can you qualify for EIC as head of household making 31000-33000 with 3 dependents?

31000


You are self employed an on arrears can you claim childtax credit?

You will file and complete your income tax return correctly claiming ever thing that you qualify to claim.


How long does someone need to be employed in order to qualify for a mortgage?

Typically, someone needs to be employed for at least two years to qualify for a mortgage.


What is a self employed architect?

A self employed architect is bob the builder


Where can the information about self employed tax be found online?

The IRS website offers a lot of information on self employed tax. They describe "who is self-employed", "what are my obligations to paying taxes if one is self-employed" etc.


I just got married in 08 do i have to file my taxes jointly can i file separate from my husband i am afraid if i file joint i won't qualify for eic?

You can file as "married filing jointly". However , I don't know how being married may yet effect EIC.


How many accountants are self-employed?

In the US, about 4% of accountants are self-employed (~64000). India: Exact number unknown, but 63% of finance professionals aspire to entrepreneurship. UK: Growing trend with self-employed licensed accountants projected to exceed 8000 by 2030. Worldwide: around 6-10 million accountants total, but no clear global self-employed figure.


Was Wolfgang Amadeus Mozart self employed or employed?

Wolfgang was self-employed, meaning he didn't make much of a living.


What types of people usually qualify for a low documentation loan?

Low documentation loans are for people who can't get a regular loan. People who qualify for low documentation loans include people who are self-employed or unemployed, or have recently immigrated to the United States.


What percent of Americans are self employed?

I think 70% of people in America are self employed.