Form 1040 - Lines 60a And 60b - Earned Income Credit (Eic) Instruction Page 5
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10Form 1040—Lines 60a and 60b
A
Worksheet
—Earned Income Credit (EIC)—Lines 60a and 60b
Keep for Your Records
Before you begin:
Be sure you are using the correct worksheet. Do not use this worksheet if you
were self-employed, or you are filing Schedule SE because you had church
employee income, or you are filing Schedule C or C-EZ as a statutory
employee. Instead, use Worksheet B on page 45.
Part 1
1.
Enter your total earned income from Step 8,
1
Box D, on page 42.
All Filers Using
Worksheet A
2.
Look up the amount on line 1 above in the EIC Table on pages 47–49
2
to find the credit. Enter the credit here.
STOP
If line 2 is zero,
You cannot take the credit.
Put “No” directly to the right of line 60a.
3.
Enter your modified adjusted gross income from
3
Step 6, Box A, on page 41.
4.
Are the amounts on lines 3 and 1 the same?
Yes. Skip line 5; enter the amount from line 2 on line 6.
No. Go to line 5.
5.
Is the amount on line 3 less than:
Part 2
● $5,800 if you do not have a qualifying child or
● $12,700 if you have one or more qualifying children?
Filers Who
Answered
Yes. Leave line 5 blank; enter the amount from line 2 on line 6.
“No” on
No. Look up the amount on line 3 in the EIC Table on
Line 4
5
pages 47–49 to find the credit. Enter the credit here.
Look at the amounts on lines 5 and 2.
Then, enter the smaller amount on line 6.
Part 3
This is your earned income credit.
6.
6
Your Earned
Enter this amount on
Reminder—
Form 1040, line 60a.
Income Credit
Be sure you entered the amount and the type of any nontaxable earned
income (Step 7, Box B, on page 42) on Form 1040, line 60b.
1040
If you have a qualifying child, complete and attach Schedule EIC.
EIC
If your 1997, 1998, or 1999 EIC was reduced or disallowed, see
page 43 to find out if you must file Form 8862 to take the credit
for 2000.
- 44 -
Need more information or forms? See page 7.
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