Instructions For Form 1040ez - Income Tax Return For Single And Joint Filers With No Dependents - 2011 Page 15

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2011 Form 1040EZ— Lines 8a and 8b
Step 2
Earned Income
!
Electing to include nontaxable
CAUTION
1.
Figure earned income:
combat pay may increase or decrease your
EIC. Figure the credit with and without
your nontaxable combat pay before
Form 1040EZ, line 1
making the election.
a. Subtract, if included in line 1, any:
Earned Income =
Taxable scholarship or fellowship grant
}
not reported on a Form W-2.
Amount received as a pension or annuity
from a nonqualified deferred
2.
Is your earned income less than $13,660 ($18,740 if
compensation plan or a
married filing jointly)?
nongovernmental section 457 plan
(enter “DFC” and the amount subtracted
in the space to the left of line 1 on Form
Yes. Go to Step 3.
No.
STOP
1040EZ). This amount may be shown on
You cannot take the
your Form W-2 in box 11. If you received
credit.
such an amount but box 11 is blank,
contact your employer for the amount
received as a pension or annuity.
Step 3
How To Figure the Credit
Amount received for work performed
while an inmate in a penal institution
1.
Do you want the IRS to figure the credit for you?
(enter “PRI” in the space to the left of
line 1 on Form 1040EZ).
Yes. See Credit
No. Go to the Earned
b. Add all of your nontaxable combat
figured by the IRS on
Income Credit (EIC)
pay if you elect to include it in earned
the next page.
Worksheet below.
income. Also enter this amount on Form
1040EZ, line 8b. See Combat pay,
nontaxable on the next page, and the
Caution below.
+
Earned Income Credit (EIC) Worksheet— Lines 8a and 8b
Keep for Your Records
1. Enter your earned income from Step 2 above . . . . . . . . . . . . . . . . . . . . . . . . . 1.
2. Look up the amount on line 1 above in the EIC Table later, 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
STOP
If line 2 is zero,
You cannot take the credit. Enter “No” in the space to the left of line 8a.
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 $7,600 ($12,700 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 later, 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 8a . . . . . . . . . . . . . . . . . . . . . . . . . 6.
If your EIC for a year after 1996 was reduced or disallowed, see Form 8862, who must file
!
!
on the next page to find out if you must file Form 8862 to take the credit for 2011.
CAUTION
CAUTION
- 15 -
Instructions for Form 1040EZ

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