WebJun 6, 2024 · I claimed head of household and the child as dependent. I received the EIC. My girlfriend did NOT claim the child and also qualified for the EIC. We double checked … WebTo claim the EITC, generally, the child must have lived with the taxpayer in the United States for more than half of the year. If the residency requirement for a qualifying child is not …
Birth of a Child - TurboTax Tax Tips & Videos
Web2 days ago · In 2024, to qualify for the EITC, you can use one of the following statuses: Married filing jointly; Head of household; Qualifying surviving spouse ; Single; Married filing separate; You can claim the EIC if you are married, not filing a joint return, had a … Head of household filing status or; Dependent care credit/exclusion for … Use the EITC Assistant to see if you're eligible for this valuable credit, calculate … WebApr 7, 2024 · Getting rid of poverty: The EITC is a good way to get rid of poverty. The EITC helped about 5.6 million people get out of poverty in 2024, according to the IRS. Boosting the economy: The EITC can also help the economy by giving people with low and moderate incomes more spending money that they can use to buy goods and services. bioinformatics guelph
Can I qualify for the Earned Income Credit if I didn
WebJan 31, 2024 · If you qualify to file as a head of household, you can have taxable income between $14,650 and $55,900 before moving out of the 12% tax bracket and into the 22% tax bracket. For example, if your taxable income is $50,000, filing as head of household results in $910 less in federal income taxes compared to filing as single. WebJun 6, 2024 · I claimed head of household and the child as dependent. I received the EIC. My girlfriend did NOT claim the child and also qualified for the EIC. We double checked that she checked the box that said I claimed the child. TurboTax told her that the our child did not qualify as a dependent for my girlfriend. We all live in the same house. WebTurbotax allows one parent as head of household with one dependent claim the EIC credit. And Turbotax also allows the other parent to claim the EIC (even though they said that the first parent will claim the depenent). TurboTax Free Edition Online 0 9 3,953 Reply 1 Best answer Jimesa New Member June 3, 2024 12:45 PM bioinformatics graduate programs