What is the Minimum a person has to earn to be eligible for an earned income credit?
2007-01-09 04:27:40 · 5 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance
if your single it is 11,032 ( less than 11,00 to round it off) and if your married or head of house hold it is less than 32,000 to round it off.
2007-01-09 04:52:51 · answer #1 · answered by Marianita 2 · 0⤊ 0⤋
The minimum amount you can earn and still be eligible for the EIC is $1. Alternately the maximum you can earn and be single with no children is $12100. If you have children, that maximum goes up as high as a little over $38K.
2007-01-09 12:35:50 · answer #2 · answered by cinquefoil_solis 3 · 0⤊ 0⤋
You can get this even if you only have FIA or SS benefits so it can go very very low!!!
2007-01-09 12:31:18 · answer #3 · answered by elaeblue 7 · 0⤊ 0⤋
I believe it depends on how many dependents you have and, are claiming.
2007-01-09 12:31:44 · answer #4 · answered by cold runner 5 · 0⤊ 0⤋
http://www.bankrate.com/brm/itax/tips/20010130a.asp
http://www.irs.gov/individuals/article/0,,id=96456,00.html
2007-01-09 12:33:32 · answer #5 · answered by lori b 5 · 0⤊ 0⤋