Do I Qualify for EIC?

Question

My situation: my husband worked one month out 2007 I have worked all year and we have a 2 year old we will be filing joint and i checked to see if our income is within the guidelines it is but the question is since i am the only one working and we have a qualified child can i claim this credit?

Answer 1

Yes, you can claim earned income credit with only 1 working. Earned income credit doesn't matter if married and only 1 working. What matters is income level, and unearned income.

Answer 2

To qualify for EIC,
* your status cannot be Married filing separately, that is you must file as Married Filing Jointly.
* Your Adjusted Gross Income must be less than $34,001 (this is 2006 amount; 2007 limit should be slightly more than this).
* You must be U.S. resident for whole year.
* Your investment income must be less than $2,800 (this is 2006 amount).
* You must have earned income.
* The child must be your qualified child and can't be qualified child of any one else.

Answer 3

You've already got some really good answers. However, you can use a tool at the IRS web site to guide you through the specifics. Here's a direct link to 2006's tool (which should be close, 2007's program isn't on their site yet).

http://apps.irs.gov/app/eitc2006/Forward_Eligibility.do

Here is some more general information from the IRS:

http://www.irs.gov/individuals/article/0,,id=130102,00.html

Best of luck.

Answer 4

Yes you can as long as you meet the income guidelines. There is no requirement that both spouses have earned income, just that at least one of you does.

Answer 5

Sounds like it, based on what you said. You don't both (or either) have to work all year, if that is your question.