2007-01-21 16:11:20 · 5 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
No- there's only a maximum and other rules (filing status, having qualifying children, age, etc.).
2007-01-21 17:42:03 · answer #1 · answered by tf_pan_86 2 · 0⤊ 0⤋
If you make even $1 and meet the other requirements, you can get the EIC. At that income it won't be much though.
2007-01-21 16:18:25 · answer #2 · answered by Judy 7 · 0⤊ 0⤋
You must have earned income. That total must be less than $36348 ($38348 for married filing jointly) if you have more than one qualifying child. Less than $32001 ($34,001 for married filing jointly) if you have one qualifying child. Less than $12,120 ( $14,120 for married filing jointly) if you do not have a qualifying child. Along with that, your investment income must be $2800 or less.
2007-01-22 02:16:07 · answer #3 · answered by anr 3 · 0⤊ 0⤋
Most definatly! The IRS Will check too. Be Carefull!
2007-01-21 16:16:53 · answer #4 · answered by Leroy 4 · 0⤊ 0⤋
yes its graduated with what you make and at a certain low point it goes to nothing. tables are in the tax forms at the library
2007-01-21 16:16:05 · answer #5 · answered by crackleboy 4 · 0⤊ 0⤋