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Income reported on form 1099-MISC in box 7 - Non-employee compensation is considered as self-employment income and as earned income for the Earned Income Credit.
Please read this TurboTax FAQ on the qualifications for the Earned Income Credit:
https://ttlc.intuit.com/replies/3299933
My business is not performing as normal and I need to buy foods for my children and pay for my house - rent etc.
Kindly help me out.
Lawrence G.
Thanks.
If you have self-employment income, that could count for the Earned Income Credit.
Make sure you have proof of all the income and expenses you report.
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