If my child received SSI (about 7 grand) for 2007, can I claim them on my taxes and get the EIC? I will have to claim the SSI as income right? How does this work? I have 9,330 in income PLUS the SSI $. Do I get an EIC on an SSI dependant?
2007-12-31 07:37:03 · 4 answers · asked by WTFever 3 in Business & Finance ➔ Taxes ➔ United States
EIC is earned income credit. To be eligible for EIC you have to have EARNED income from an actual job that gives you a W-2. Is the $9330 from a job you have? If so, you may qualify for EIC. If the $9330 is other SS money or child support then you will not get EIC. SSI, SSDI, SS and child support are examples of UNEARNED income. I don't suggest trying to lie on your taxes either. That's lot of money to pay back. Sorry.
2007-12-31 09:10:59 · answer #1 · answered by trrei 4 · 0⤊ 0⤋
You might not be able to claim your child as a dependent, since you probably would not meet the support test. You should be able to claim them for EIC though.
2007-12-31 08:17:54 · answer #2 · answered by Judy 7 · 2⤊ 0⤋
SSI neither earned income nor is it taxable. It has no affect on the EIC. Only YOUR earned income is considered in calculating the EIC.
2007-12-31 08:10:00 · answer #3 · answered by Bostonian In MO 7 · 1⤊ 2⤋
You can get the EIC for your child even if your child provides over half of his own support. The support test for a qualifying child does not apply for EIC purposes.
2007-12-31 07:41:22 · answer #4 · answered by ninasgramma 7 · 1⤊ 1⤋