TeresaM
Expert Alumni

Deductions & credits

You need to file a return to receive an Earned Income Credit. It is based on income that you earn, such as a job or self-employment and generally requires that you have qualifying dependents to meet the income limitations. 

To see if you qualify:

  1. Enter any income in the return first 
  2. Go to the Deductions and Credits section
  3. Scroll down to You and Your Family and click on Show More
  4. Click on Start or Revisit for Earned Income Credit (EIC)

IRS says when figuring your earned income for purposes of the EIC, don't include any of these amounts.

  • Basic pay or special, bonus, or other incentive pay that is subject to the combat zone exclusion 
  • Basic Allowance for Housing (BAH).
  • Basic Allowance for Subsistence (BAS).
  • Any other nontaxable employee compensation.
  • Interest and dividends.
  • Social security and railroad retirement benefits.
  • Certain workfare payments.
  • Pensions or annuities.
  • Veterans' benefits (including VA rehabilitation payments).
  • Workers' compensation.
  • Unemployment compensation.
  • Alimony and child support.

 

This is a TurboTax Help Article about qualifying dependents. 

This is a quick TurboTax Help video explaining Earned Income Credit basics. 
 

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