Form 1040 - Lines 60a And 60b - Earned Income Credit (Eic) Instruction Page 7
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10Form 1040—Lines 60a and 60b
B
Worksheet
—Continued from page 45
Keep for Your Records
Part 5
6.
Enter your total earned income from Part 4, line 4d,
6
on page 45.
All Filers Using
Worksheet B
7.
Look up the amount on line 6 above in the EIC Table on pages 47–49
7
to find the credit. Enter the credit here.
STOP
If line 7 is zero,
You cannot take the credit.
Put “No” directly to the right of line 60a.
8.
Enter your modified adjusted gross income from
8
Step 6, Box A, on page 41.
9.
Are the amounts on lines 8 and 6 the same?
Yes. Skip line 10; enter the amount from line 7 on line 11.
No. Go to line 10.
10.
Is the amount on line 8 less than:
● $5,800 if you do not have a qualifying child or
● $12,700 if you have one or more qualifying children?
Yes. Leave line 10 blank; enter the amount from line 7 on line 11.
No. Look up the amount on line 8 in the EIC Table on
10
pages 47–49 to find the credit. Enter the credit here.
Look at the amounts on lines 10 and 7.
Then, enter the smaller amount on line 11.
This is your earned income credit.
Part 6
11.
11
Enter this amount on
Your Earned
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.
- 46 -
Need more information or forms? See page 7.
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