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Are you sure you did not get it? It is automatic if you qualify. Look in the 1040 form.
EIC is paid on a bell curve - starts low for a low income, increases to the maximum as income increases, then phases out as income increases still further until it is gone at the maximum income. You only get the maximum EIC if your income is about midway between no income and the maximum income.
EIC will be found on line 66a on the 1040 form (line 42a on the 1040A)
Earned Income and adjusted gross income (AGI) must each be less than:
• $47,955 ($53,505 married filing jointly) with three or more qualifying children
• $44,648 (50,198 married filing jointly) with two qualifying children
• $39,296($44,846 married filing jointly) with one qualifying child
• $14,880 ($20,430 married filing jointly) with no qualifying children
Tax Year 2016 maximum credit for MFJ: (This is the MAXIMUM - see EIC table for actual amount bases on your earned income).
• $6,269 with three or more qualifying children
• $5,572 with two qualifying children
• $3,373 with one qualifying child
• $506 with no qualifying children
Investment income must be $3,400 or less for the year.
EIC Table
https://www.irs.gov/publications/p596/ar02.html#d0e5366
You must be at least 25 if you do not have a qualifying child, and under 65 years of age at the end of 2015.
See IRS Pub 596 for complete information:
http://www.irs.gov/publications/p596/index.html
Are you sure you did not get it? It is automatic if you qualify. Look in the 1040 form.
EIC is paid on a bell curve - starts low for a low income, increases to the maximum as income increases, then phases out as income increases still further until it is gone at the maximum income. You only get the maximum EIC if your income is about midway between no income and the maximum income.
EIC will be found on line 66a on the 1040 form (line 42a on the 1040A)
Earned Income and adjusted gross income (AGI) must each be less than:
• $47,955 ($53,505 married filing jointly) with three or more qualifying children
• $44,648 (50,198 married filing jointly) with two qualifying children
• $39,296($44,846 married filing jointly) with one qualifying child
• $14,880 ($20,430 married filing jointly) with no qualifying children
Tax Year 2016 maximum credit for MFJ: (This is the MAXIMUM - see EIC table for actual amount bases on your earned income).
• $6,269 with three or more qualifying children
• $5,572 with two qualifying children
• $3,373 with one qualifying child
• $506 with no qualifying children
Investment income must be $3,400 or less for the year.
EIC Table
https://www.irs.gov/publications/p596/ar02.html#d0e5366
You must be at least 25 if you do not have a qualifying child, and under 65 years of age at the end of 2015.
See IRS Pub 596 for complete information:
http://www.irs.gov/publications/p596/index.html
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