Form 1040 Ez - Instructions Booklet - Internal Revenue Service - 2009 Page 15
ADVERTISEMENT
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40Form 1040EZ— Lines 9a and 9b
•
Welfare benefits, effect of credit on. Any refund you re-
Supplemental Nutrition Assistance Program (food stamps)
ceive as a result of taking the EIC will not be used to deter-
and low-income housing.
mine if you are eligible for the following programs or how
much you can receive from them.
But if the refund you receive because of the EIC is not spent
•
Temporary Assistance for Needy Families (TANF).
within a certain period of time, it can count as an asset (or
•
Medicaid and supplemental security income (SSI).
resource) and affect your eligibility.
Earned Income Credit (EIC) Worksheet— Lines 9a and 9b
Keep for Your Records
1. Enter your earned income from Step 2 on page 14 . . . . . . . . . . . . . . . . . . . . 1.
2. Look up the amount on line 1 above in the EIC Table beginning on page 16 to find the credit. Be
sure you use the correct column for your filing status (Single or Married filing jointly).
Enter the credit here . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.
STOP
If line 2 is zero,
You cannot take the credit. Enter “No” in the space to the left of line 9a.
3. Enter the amount from Form 1040EZ, line 4 . . . . . . . . . . . . . . . . . . . . . . . . . . 3.
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 $7,500 ($12,500 if married filing jointly)?
Yes. Leave line 5 blank; enter the amount from line 2 on line 6.
No. Look up the amount on line 3 in the EIC Table beginning on page 16 to find the credit.
Be sure you use the correct column for your filing status (Single or Married filing jointly).
Enter the credit here . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5.
Look at the amounts on lines 5 and 2. Then, enter the smaller amount on line 6.
6. Earned income credit. Enter this amount on Form 1040EZ, line 9a . . . . . . . . . . . . . . . . . . . . . . . . . 6.
If your EIC for a year after 1996 was reduced or disallowed, see page 14 to find out if you
!
must file Form 8862 to take the credit for 2009.
CAUTION
- 15 -
Instructions for Form 1040EZ
ADVERTISEMENT
0 votes
Related Articles
Related forms
Instructions For Form 2555-ez - Foreign Earned Income Exclusion - Internal Revenue Service - 2009
Financial
Instructions For Form 1040-ss - U.s. Self-employment Tax Return (including The Additional Child Tax Credit For Bona Fide Residents Of Puerto Rico) - Department Of The Treasury Internal Revenue Service - 2009
Financial
Instructions For Form 8955-ssa - Annual Registration Statement Identifying Separated Participants With Deferred Vested Benefits - Internal Revenue Service - 2009
Legal
Instructions For Form 990-pf - Return Of Private Foundation Or Section 4947(a)(1) Nonexempt Charitable Trust Treated As A Private Foundation - Internal Revenue Service - 2009
Financial
Instructions For Form 3115 - Application For Change In Accounting Method - Internal Revenue Service - 2009
Financial
Related Categories
Parent category: Financial