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Level 2
posted Mar 22, 2020 1:35:12 PM

Does having a 1099 Misc affect my eligibility to qualify for Earned Income Tax Credit?

I am a female filling married filled jointly for 2019. I have 2 dependants and I make less than $55,952. I qualified for Earned Income Tax Credit for the past 3 years but this year I have a 1099 Misc. My question was does having a 1099 Misc affect my eligibility to qualify for Earned Income Tax Credit? 

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1 Best answer
Intuit Alumni
Mar 22, 2020 1:54:43 PM

The EIC (Earned Income Credit) is determined by your earned income as well as other factors.  Your earned income can include W2 wages, as well as self-employment income reported on 1099-Misc.  

 

As long as you still meet the income and other qualifications, a 1099-Misc does not disqualify you from the EIC.

 

Here is a Help Article that provides more details about the EIC Credit:  EIC Credit

 

 

1 Replies
Intuit Alumni
Mar 22, 2020 1:54:43 PM

The EIC (Earned Income Credit) is determined by your earned income as well as other factors.  Your earned income can include W2 wages, as well as self-employment income reported on 1099-Misc.  

 

As long as you still meet the income and other qualifications, a 1099-Misc does not disqualify you from the EIC.

 

Here is a Help Article that provides more details about the EIC Credit:  EIC Credit