Earned Income Credit Worksheet 2016
Free Printable Earned Income Credit Worksheet 2016
You may be able to take the credit if.
Earned income credit worksheet 2016. Earned income credit worksheet calculator. The worksheet for self employed taxpayers add lines 3 and 4 look up the amount on line 5 above in the eic table on pages 62 70 to find your credit. Enter no directly to the right of form 1040 line 66a form 1040a line 38a or form 1040ez line 8a. 2016 earned income credit eic table caution.
Earned income credit worksheet b form 1040 instructions html graphic. What s new for 2016 earned income amount. Unless you were required to file us form 1040 x and received a refund of the earned income credit you may only receive a refund of your illinois earned income credit if you file a return claiming the credit within three years of the extended due date of the return generally october 15th. 2015 caleitc credit ftb 3514 2015 ftb 3514 instructions.
2016 caleitc credit ftb 3514 2016 ftb 3514 instructions. Earned income worksheet 1 enter amount from line 1 form 1040. The earned income tax credit worksheet can be used to calculate your eligibility and how much credit you qualify for. See election to use prior year earned income for more information.
Enter the credit here. To take the eic. If you make the election to use your 2016 earned income to figure your eic enter pyei and the amount of your 2016 earned income in the space next to line 66a. Earned income credit worksheet a form 1040 instructions html graphic.
You cannot take the credit. This is not a tax table. There is also an earned income credit calculator to help you figure out your earned income credit amount. If you have a qualifying child complete and attach sched.
Tools or ta ros thetaxbook earned income credit eic worksheet see earned income credit page 11 8thetaxbook 1040 edition deluxe edition for information on who qualifies for the earned income credit. You have three or more qualifying children and you earned less than 47 955 53 505 if married filing jointly you have two qualifying children and you earned less. To find your credit read down the at least but less than columns and find the line that includes the amount you were told to look up from your eic worksheet. The maximum amount of income you can earn and still get the credit has increased.
Complete and keep copies of the. To use your 2018 earned income to figure your 2019 earned income credit. For tax years 2015 2016 include. Tax professionals verify if your client qualifies.
Complete the worksheet that applies to you or let the irs figure the credit for you. Earned income credit worksheet b continued form 1040 instructions html graphic. Then go to the column that includes your filing status and the number of qualifying children you have. Paid preparer s california earned income tax credit checklist ftb 3596 caleitc worksheet.
Follow the steps below. See rule 6 your investment income must be 3 600 or less.