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New Member
posted Jan 14, 2020 11:50:37 AM

What is the earned income tax credit worksheet for.

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1 Replies
Level 15
Jan 14, 2020 11:56:32 AM

It is to see if you qualify for earned income credit and if so, how much.  EIC is based on the number of children you claim as dependents, your filing status, and how much income you earned by working.

 

The IRS also offers a tool to help you estimate your EIC:

https://www.irs.gov/credits-deductions/individuals/earned-income-tax-credit/use-the-eitc-assistant

https://www.irs.gov/credits-deductions/individuals/earned-income-tax-credit