Instructions For Form 1040 - U.s. Individual Income Tax Return - 2016 Page 54
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107 2017 Form 1040—Lines 66a and 66b
Lines 66a and 66b—
Earned Income Credit (EIC)
2. Do you, and your spouse if filing a joint return, have a
social security number that allows you to work and is valid
for EIC purposes (explained later under Definitions and
Special Rules)?
What Is the EIC?
Yes. Continue
No.
STOP
The EIC is a credit for certain people who work. The credit may
You can't take the credit.
give you a refund even if you don’t owe any tax or didn’t have
Enter “No” on the dotted
any tax withheld.
line next to line 66a.
You may be able to elect to use your 2016 earned in-
come to figure your EIC if (a) your 2016 earned in-
TIP
3. Is your filing status married filing separately?
come is more than your 2017 earned income, and (b)
No. Continue
Yes.
your main home was located in one of the Presidentially de-
STOP
clared disaster areas eligible for this relief on the specified
You can't take the
date. For details, see Pub. 976.
credit.
If you make the election to use your 2016 earned income to
4. Are you filing Form 2555 or 2555-EZ (relating to foreign
figure your EIC, enter “PYEI” and the amount of your 2016
earned income)?
earned income in the space next to line 66a.
No. Continue
Yes.
To Take the EIC:
STOP
You can't take the
Follow the steps below.
credit.
Complete the worksheet that applies to you or let the IRS
figure the credit for you.
5. Were you or your spouse a nonresident alien for any part of
If you have a qualifying child, complete and attach Sched-
2017?
ule EIC.
Yes. See Nonresident
No. Go to Step 2.
For help in determining if you are eligible for the EIC, go to
aliens, later, under
IRS.gov/EITC
and click on “EITC Assistant.” This service is
Definitions and Special
available in English and Spanish.
Rules.
If you take the EIC even though you aren't eligible and
Investment Income
Step 2
!
it is determined that your error is due to reckless or in-
tentional disregard of the EIC rules, you won't be al-
CAUTION
lowed to take the credit for 2 years even if you are otherwise el-
1. Add the amounts from
igible to do so. If you fraudulently take the EIC, you won't be
Form 1040:
allowed to take the credit for 10 years. See Form 8862, who
Line 8a
must file, later. You also may have to pay penalties.
Line 8b
+
Refunds for returns claiming the earned income credit
Line 9a
+
can't be issued before mid-February 2018. This delay
TIP
Line 13*
+
applies to the entire refund, not just the portion associ-
ated with the earned income credit.
Investment Income
=
All Filers
Step 1
*If line 13 is a loss, enter -0-.
1. If, in 2017:
3 or more children lived with you, is the amount on Form
1040, line 38, less than $48,340 ($53,930 if married
filing jointly)?
2. Is your investment income more than $3,450?
2 children lived with you, is the amount on Form 1040,
Yes. Continue
No. Skip question 3; go
line 38, less than $45,007 ($50,597 if married filing
to question 4.
jointly)?
1 child lived with you, is the amount on Form 1040,
line 38, less than $39,617 ($45,207 if married filing
3. Are you filing Form 4797 (relating to sales of business
jointly)?
property)?
No children lived with you, is the amount on Form 1040,
line 38, less than $15,010 ($20,600 if married filing
Yes. See Form 4797
No.
STOP
jointly)?
filers, later, under
You can't take the credit.
Yes. Continue
No.
Definitions and Special
STOP
Rules.
You can't take the credit.
-54-
Need more information or forms? Visit IRS.gov.
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