Instructions For Form 1040ez - 2008 Page 13
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41Form 1040EZ— Lines 8a and 8b
6.
Look at the qualifying child conditions below. Could you,
or your spouse if filing a joint return, be a qualifying child
Step 2
Earned Income
of another person in 2008?
1.
Figure earned income*:
Yes.
No. Go to Step 2 on this
STOP
page.
You cannot take the
Form 1040EZ, line 1
credit. Enter “No” in
a. Subtract, if included in line 1,
the space to the left
any:
of line 8a.
}
•
Taxable scholarship or fellowship
grant not reported on a Form W-2.
A qualifying child for the EIC is a child who is a...
•
Amount received for work
Son, daughter, stepchild, foster child, brother, sister,
performed while an inmate in a
stepbrother, stepsister, or a descendant of any of them (for
penal institution (enter “PRI” in the
example, your grandchild, niece, or nephew).
space to the left of line 1 on Form
1040EZ).
AND
•
Amount received as a pension or
annuity from a nonqualified
deferred compensation plan or a
–
was
nongovernmental section 457 plan
Under age 19 at the end of 2008
(enter “DFC” and the amount
subtracted in the space to the left
or
of line 1 on Form 1040EZ). This
Under age 24 at the end of 2008 and a student (see page
amount may be shown on your
15)
Form W-2 in box 11. If you
or
received such an amount but box
Any age and permanently and totally disabled (see page
11 is blank, contact your employer
15)
for the amount received as a
pension or annuity.
AND
b. Add all of your nontaxable
combat pay if you elect to include
it in earned income. Also enter this
who...
amount on Form 1040EZ, line 8b.
Either lived with another person in the United States for
See Combat pay, nontaxable on
page 14, and the Caution below.
+
more than half of 2008 or was born or died in 2008 and
that person’s home was the child’s home for the entire time
the child was alive in 2008.
!
Electing to include nontaxable
Special rules apply if the child was married or also
CAUTION
!
meets the conditions to be a qualifying child of another
combat pay may increase or
person (other than your spouse if filing a joint return).
decrease your EIC. Figure the credit
CAUTION
For details, use TeleTax topic 601 (see page 27) or see
with and without your nontaxable
Pub. 596.
combat pay before making the
election.
Earned Income =
*You may be able to elect to use your 2007 earned income
instead of your 2008 earned income to figure your 2008 EIC
if (a) your 2007 earned income is more than your 2008
earned income, and (b) your main home was in a
Midwestern disaster area. For details, see Pub. 4492-B. If you
make this election, skip question 1 and go to question 2.
!
Electing to use your 2007 earned income may increase
CAUTION
or decrease your EIC. Figure the credit using your 2008 earned
income. Then figure the credit using your 2007 earned
income. Compare the two amounts before making the
election. If you elect to use your 2007 earned income, enter
“PYEI” and the amount of your 2007 earned income in the
space to the left of line 8a.
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