Should my unemploment payments be included when figuring my EIC eligibility? The IRS website specificlly says unemploment payments are not EARNED income.

jland1981 · ‎June 4, 2019

Rachel_W · ‎June 4, 2019

Yes. Although Unemployment Payments are not considered "earned" income, they, along with any other income included in your Adjusted Gross Income (AGI) on Line 7 of your Form 1040 also factor into the calculation of the EIC.

Click here to view the IRS calculation worksheet for the EIC: 2018 EIC Worksheet. Your total AGI is included on line 3 of the worksheet.

View solution in original post

Rachel_W · ‎June 4, 2019

Yes. Although Unemployment Payments are not considered "earned" income, they, along with any other income included in your Adjusted Gross Income (AGI) on Line 7 of your Form 1040 also factor into the calculation of the EIC.

Click here to view the IRS calculation worksheet for the EIC: 2018 EIC Worksheet. Your total AGI is included on line 3 of the worksheet.

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Should my unemploment payments be included when figuring my EIC eligibility? The IRS website specificlly says unemploment payments are not EARNED income.