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.
Worksheet B--Earned Income Credit (E.I.C.)--Lines 66a and 66b. Summary: This is an example of a Worksheet B used to determine the earned income credit as pertains to the text. The line
items completed
are:
Under
“Part 1: Self-Employed, Members of the Clergy, and People With Church Employee Income Filing Schedule SE.”:
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“1b. Enter any amount from Schedule SE., Section B, line 4b, and line 5a.” field contains 1,600
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“1c. Combine lines 1a and 1b.” field contains 1,600
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“1d. Enter the amount from Schedule SE., Section A, line 6, or Section B, line 13, whichever applies.” field contains 122
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“1e. Subtract line 1d from line 1c.” field contains 1,478
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Under
“Part 4: All Filers Using Worksheet B”:
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“4a. Enter your earned income from Step 5 on page 48.” field contains 15,000
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“4b. Combine lines 1e, 2c, 3, and 4a. This is your total earned income.” field contains
16,478
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