If your only income was from unemployment, can you get the earned income credit?

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2007-01-23 10:19:27 · 2 answers · asked by cj252jr 1 in Business & Finance ➔ Taxes ➔ United States

No, unemployment compensation is not earned income and therefore cannot be used to figure the EITC.

2007-01-23 10:39:51 · answer #1 · answered by Bostonian In MO 7 · 1⤊ 0⤋

No, unemployment is not EARNED income.. EIC is only on earned income.

2007-01-23 10:21:58 · answer #2 · answered by Mrs Tax Lady 1 · 1⤊ 0⤋