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--Continued from page 51. 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”:
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“6. Enter your total earned income from Part 4, line 4b, on page 51.” field contains 16,478
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“7. Look up the amount on line 6 above in the E.I.C. Table on pages 53-59 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 4,536
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“8. Enter the amount from Form 1040, line 38.” field contains 16,878
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“9. Are the amounts on lines 8 and 6 the same? No. Go to line 10.” checkbox checked
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Under
“Part 6: Filers Who Answered No on Line 9”:
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“10. If you have: No qualifying children, is the amount on line 8 less than $6,750 ($8,750 if married filing jointly)?; 1 or
more qualifying
children, is the amount on line 8 less than $14,850 ($16,850 if married filing jointly)?”
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“No. Look up the amount on line 8 in the E.I.C. Table on pages 53-59 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
4,522
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Under
“Part 7: Your Earned Income Credit”:
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“11. This is your earned income credit. Enter this amount on Form 1040, line 66a.” field contains
4,522
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