Pub. 596, Earned Income Credit (EIC) |
2006 Tax Year |
This is archived information that pertains only to the 2006 Tax Year. If you are looking for information for the current tax year, go to the Tax Prep Help Area.
Earned Income Credit (E.I.C.) Worksheet--Lines 40a and 40b. Summary: This is an example of the worksheet used to determine the amount to enter on Form 1040A, line 40a, for the earned
income credit. Line
items are included as described in the text; additionally, these line items are completed:
Under
“Part 1: All Filers”:
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“2. Look up the amount on line 1 above in the E.I.C. Table on pages 45-51 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 2,806
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Under
“Part 2: Filers Who Answered No on Line 4”:
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“5. If you have: No qualifying children, is the amount on line 3 less than $6,750 ($8,750 if married filing jointly)?; 1 or
more qualifying
children, is the amount on line 3 less than $14,850 ($16,850 if married filing jointly)?” field contains 2,701
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Under
“Part 3: Your Earned Income Credit”:
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“6. This is your earned income credit. Enter this amount on Form 1040, line 40a.” field contains
2,701
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