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| *Loan,banking and credit>>>child tax |
I am a stay at home mom, and have two children, should I file my taxes? |
I know its a little late this year, but a friend told me I should file because of the EIC. But if I did not work, do I still qualify? I do recieve child support from one child's father. Does this make a difference? Thanks for your help!!! Child Support is not deducted by the payer or income to the payee. The EIC can only be claimed if you have EARNED income. According to your question you have no income, thus no EIC. Many people are confused because the EIC can result in a refund even if no taxes were withheld. Some income is still required to claim the credit. If you have no earned income (that, is income from a job or self employment), then you will recive no EIC. Child support is tax-free to the recipient. It is not earned income. I am a tax professional. I beieve you still can file to get the earned income crredit also if you recieve anything from DSS you can claim that also as income Earned Income Credit is exactly what the name implies,, it's a credit for earning income. Since you did not earn any income,, you cannot get the credit. If you didn't have a job, then no, you don't qualify for EIC. That's only for people with earned income, which means basically from a job. Child support doesn't count for EIC - or as income, and if you filed you would not report child support. Mary O is not correct. eic means earned income credit no earned income no credit |
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