Dont tell me to go to irs.gov I tried that and they just give me a lot of crap
2007-01-29 12:55:35 · 9 answers · asked by Robert B 2 in Business & Finance ➔ Taxes ➔ United States
the only way to figure out the exact amount is
http://apps.irs.gov/app/eitc2006/ShowCalcTips.do
yes, its the irs calculator but all you have to do is Answer the questions
the maximum you can get is
$4,716 with two or more qualifying children;
$2,853 with one qualifying child;
$428 with no qualifying children.
and adjusted gross income (AGI) must each be less than:
$37,783 ($39,783 married filing jointly) with two or more qualifying children;
$33,241 ($35,241 married filing jointly) with one qualifying child;
$12,590 ($14,590 married filing jointly) with no qualifying children.
Investment income must be $2,900 or less for the year.
2007-01-29 13:01:43 · answer #1 · answered by Jen 5 · 2⤊ 0⤋
I typed in Earned Income Credit 2006 and found a chart to look up how much my girlfriend could expect. ( I probably used Yahoo Search or Google)
2007-01-29 20:58:53 · answer #2 · answered by van 2 · 1⤊ 0⤋
Well I need a bit of details. Examples are how much did you earn and how many dependents you have. If you earned about $14K and have 1 child expect around $3K. If you earned $100K and have no children the amount is 0
2007-01-29 20:59:19 · answer #3 · answered by Nancy S. 4 · 1⤊ 0⤋
There is a table in the instruction book for the 1040.
2007-01-29 20:58:20 · answer #4 · answered by Barkley Hound 7 · 1⤊ 0⤋
There's a table in your tax form that helps you figure it out based on income, deductions, etc.
2007-01-29 20:58:49 · answer #5 · answered by Cindy W 3 · 1⤊ 0⤋
Well, that's how I found out what the rules are!
Try them again and look for IRS Pub 596.
Or, just say "Screw it!" and forget about the EITC! Your choice, I guess...
2007-01-29 21:07:00 · answer #6 · answered by Bostonian In MO 7 · 0⤊ 0⤋
go to www.turbotax.com
you can do your taxes for free as long as you don't file with them...it will tell you exactly what your EIC is!
2007-01-29 20:58:51 · answer #7 · answered by sacanda_trina 4 · 0⤊ 0⤋
ts in the tax booklet.
2007-01-29 20:59:25 · answer #8 · answered by Anonymous · 1⤊ 0⤋
there are two tomatoes
2007-01-29 20:59:15 · answer #9 · answered by krumpmaster terrell 4 · 0⤊ 3⤋