For the purpose of tax year 2022 eligibility, can I still be considered before minimum retirement age (MRA) regarding earned income credit (EIC) if my birthday is July 14th 1967? According to my situation, my MRA is 56 years and 6 months. Therefore, I just made the MRA on January 14th, 2023. If the eligibility is based upon my age at the end of the current tax year 2022, then my age on Dec 31, 2022 was 56 years and 5-1/2 months.
I believe I would still qualify for EIC, since I had not yet reached MRA and was and still is receiving disability payments from an annuity. These payments would be considered wages for the purpose of EIC, rather than general annuity payments.
For the Earned Income Credit—-the rules are back to the “old” rules—
Those under 25 and over 65 without children are not eligible as they were uniquely in 2021. And you cannot use your income from any earlier tax year to get the EIC for a 2022 return. There is no “lookback” for 2022. EIC for 2022 will be based on the income you earned by working in 2022.
https://www.irs.gov/credits-deductions/individuals/earned-income-tax-credit/use-the-eitc-assistant