If my wife has our baby before Dec. 31st of this year will we be able to get the EIC in arkansas?
2007-09-04 08:44:43 · 10 answers · asked by Herodaddy#1 2 in Business & Finance ➔ Taxes ➔ United States
If you meet the income requirements for earned income credit, then the answer is yes.
I have attached a link to info on the earned income credit.
2007-09-04 08:53:34 · answer #1 · answered by Anonymous · 1⤊ 0⤋
As far as I know its the same nation wide, since EIC is federal. Yes, if your baby is born before Dec.-you'll qualify for the EIC....keep in mind, if you make too much money and don't have enough with held from your payroll each check, you may not get anything back for the EIC. To help prevent this, try claiming 0. This will ensure a good return.
2007-09-04 08:54:36 · answer #2 · answered by Leigh 2 · 0⤊ 1⤋
You would be able to use the baby as a qualifying person for EIC - there are other rules you must meet also, mainly income limits. The rules are the same for all states on your federal return.
2007-09-04 09:34:51 · answer #3 · answered by Judy 7 · 0⤊ 0⤋
Try these phone numbers for an answer
Individual Income Tax Information Hot-Line
(501) 682-1100 or 1 800 882-9275 (In Arkansas only)
This system is designed to allow taxpayers 24 hour access
2007-09-04 08:59:28 · answer #4 · answered by Anonymous · 0⤊ 0⤋
If the baby is born before we reach 2008, then you child would be a qualifying child for the whole year and if you meet the other requirements, yes, your baby would count for EIC purposes.
2007-09-04 08:56:35 · answer #5 · answered by nova_queen_28 7 · 0⤊ 0⤋
You do not have to have a child to qualify for the Earned Income Credit.
2007-09-07 06:37:57 · answer #6 · answered by taxpf 1 · 0⤊ 0⤋
$a million. as nicely the easy actuality that, that only gets you, say, 50 cents. in case you have no longer to any extent further have been given qualifying toddlers (and don't stay with ones that somebody else is claiming), your earnings could desire to could desire to need to be cut back than $13K and your age could desire to could desire to need to be between 25 and sixty 5. The max is on the order of $4 hundred. in case you have qualifying toddlers (eg, your bio-youthful toddlers), the quantity is going up dramatically for the two besides the fact that qualifying and what you may get lower back. i discover that people who attempt to pastime the equipment--only paintings sufficient to get EIC--are dropping my funds as a taxpayer and putting themselves up for failure.
2016-12-12 18:02:07 · answer #7 · answered by behl 4 · 0⤊ 0⤋
Yes, if your income qualifies
2007-09-04 08:47:20 · answer #8 · answered by Anonymous · 0⤊ 0⤋
Call IRS. I would think you could write the baby off as another dependant though.
2007-09-04 08:53:19 · answer #9 · answered by Anonymous · 0⤊ 1⤋
yes as long as its before it strikes 2008
2007-09-04 08:50:31 · answer #10 · answered by mcrossfield78 2 · 0⤊ 0⤋