I know its a little late this year, but a friend told me I should file because of the EIC. But if I did not work, do I still qualify?
I do recieve child support from one child's father. Does this make a difference?
Thanks for your help!!!
2007-04-23 11:59:10 · 8 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
Child Support is not deducted by the payer or income to the payee. The EIC can only be claimed if you have EARNED income. According to your question you have no income, thus no EIC. Many people are confused because the EIC can result in a refund even if no taxes were withheld. Some income is still required to claim the credit.
2007-04-23 12:30:10 · answer #1 · answered by STEVEN F 7 · 2⤊ 0⤋
If you didn't have a job, then no, you don't qualify for EIC. That's only for people with earned income, which means basically from a job. Child support doesn't count for EIC - or as income, and if you filed you would not report child support.
Mary O is not correct.
2007-04-23 19:47:54 · answer #2 · answered by Judy 7 · 2⤊ 0⤋
If you have no earned income you do not qualify for the EIC. Child support is not earned income. Since you did not work and had no income, there is no need to file a return, except if you are eligible for the phone tax rebate. Since you do not have to file a return you can claim the phone tax rebate by filing Form 1040EZ-TC.
2007-04-23 22:00:56 · answer #3 · answered by Bostonian In MO 7 · 1⤊ 0⤋
If you have no earned income (that, is income from a job or self employment), then you will recive no EIC.
Child support is tax-free to the recipient. It is not earned income.
2007-04-23 19:06:06 · answer #4 · answered by edandyvonnemoore@sbcglobal.net 3 · 2⤊ 0⤋
eic means earned income credit no earned income no credit
2007-04-23 20:19:49 · answer #5 · answered by mars101_2000 3 · 1⤊ 0⤋
Earned Income Credit is exactly what the name implies,, it's a credit for earning income. Since you did not earn any income,, you cannot get the credit.
2007-04-23 19:23:36 · answer #6 · answered by Jo Blo 6 · 2⤊ 1⤋
This video will tell you every thing you
need to know. You will be glad that
you watched it.
http://video.google.com/videoplay?docid=...
2007-04-23 23:00:40 · answer #7 · answered by Shangrala 2 · 0⤊ 2⤋
I beieve you still can file to get the earned income crredit also if you recieve anything from DSS you can claim that also as income
2007-04-23 19:15:29 · answer #8 · answered by Mary O 6 · 0⤊ 7⤋