Tax Help Archives  
Pub. 596, Earned Income Credit (EIC) 2004 Tax Year

This is archived information that pertains only to the 2004 Tax Year. If you
are looking for information for the current tax year, go to the Tax Prep Help Area.

Worksheet B--Continued from page 46. Summary: This is an example of the second page of Worksheet B which pertains to the text. The line items completed are:

Under “Part 5: All Filers Using Worksheet B”:
6. Enter your total earned income from Part 4, line 4b, on page 46.” field contains 16,478
7. Look up the amount on line 6 above in the E.I.C. Table on pages 48-53 to find the credit. Be sure you use the correct column for your filing status and the number of children you have. Enter the credit here.” field contains 3,998
8. Enter the amount from Form 1040, line 37.” field contains 16,878
9. Are the amounts on lines 8 and 6 the same? No. Go to line 10.” checkbox checked
Under “Part 6: Filers Who Answered No on Line 9”:
10. If you have: No qualifying children, is the amount on line 8 less than $6,400 ($7,400 if married filing jointly)?; 1 or more qualifying children, is the amount on line 8 less than $14,050 ($15,050 if married filing jointly)?
No. Look up the amount on line 8 in the E.I.C. Table on pages 48-53 to find the credit. Be sure you use the correct column for your filing status and the number of children you have. Enter the credit here.” checkbox check, field contains 3,914
Under “Part 7: Your Earned Income Credit”:
11. This is your earned income credit. Enter this amount on Form 1040, line 65a.” field contains 3,914

Publications Index | 2004 Tax Help Archives | Tax Help Archives Main | Home