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tupelo69
New Member

Does my 1099 misc qualify for eqarned income credit

 
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3 Replies
MinhT
Expert Alumni

Does my 1099 misc qualify for eqarned income credit

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


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DH2020
New Member

Does my 1099 misc qualify for eqarned income credit

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.

KrisD15
Expert Alumni

Does my 1099 misc qualify for eqarned income credit

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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