How Can I Get an EIC From Previous Years?

How Can I Get an EIC From Previous Years?

The Earned Income Tax Credit, or Earned Income Credit, is geared for low to moderate wage earners. Individuals who qualify for the EITC are credited a sum of money on their taxes. This usually means lower tax liability, which could result in a larger refund, even if you did not have federal income tax withheld. Taxpayers may claim the EITC retroactively for up to three years by filing an amended tax return.

Instructions

    1

    Determine whether you were eligible for, but did not claim, the EITC in the last three years. Visit the Internal Revenue Service website and search the forms and publications page for the EITC requirements in each prior year. Alternatively, call the IRS at 800-TAX-FORM (800-829-3676) to request the prior year's forms, or talk to a tax professional.

    2

    Collect your income tax records. You will need information from income tax returns filed in previous years. If you did not file a tax return in the prior year, gather your income records such as your W2s, 1090s and pay stubs.

    3

    Obtain a Form 1040X (Amended U.S. Individual Income Tax Return) and the 1040X instructions. This form and the instructions are available on the IRS website, in some local libraries during tax time and at the office of your tax professional. You must obtain a paper copy because the form 1040X cannot be filed online.

    4

    Obtain the Schedule EIC and tax return instructions for the years in question. If you qualify for the EITC because you are raising a qualifying child, you will need to complete Schedule EIC form and attach it to your 1040X to claim the tax credit. The Schedule EICs and instructions for previous years are also available on the IRS website.

    5

    Complete the Form 1040X and Schedule EIC. The 1040X form is used to amend prior tax returns. You will amend your prior tax return by claiming the EITC credit on the EITC line of the 1040X. Calculate the EITC by consulting the tax return and instructions for the year in question. The 1040X is not difficult to complete, but if you need assistance call the IRS at 800-829-1040.

    6

    File the Form 1040X and Schedule EIC with the IRS. Mail your amended return to the tax processing center listed on the 1040X.



  • Why did Marissa Alexander get a 20-year sentence despite

    tv.msnbc.com/2013/07/14/why-did-marissa-al

    Late Saturday evening, George Zimmerman was found not guilty in the death of 17-year-old Trayvon Martin. The issue of self-defense played a central role in Zimmerman ...


  • 'Volatile mix': Kids at risk for suicide can get guns, report ...

    www.nbcnews.com/health/volatile-mix-kids-risk-suicide-can-get-guns...

    As many as one in five children who are at risk of suicide live in homes where they can get hold of guns -- the single most effective means to killing themselves ...


  • Stampin' When I Can

    stampinwhenican.blogspot.com

    These are some pictures of Char with her current BFF (these seem to change out year to year...ha!). I paired this with a lot of colourful paper!


  • Obama: 'I think same-sex couples should be able to get married ...

    firstread.nbcnews.com/_news/2012/05/09/11621156-obama-i-think-same...

    Updated 4:50 p.m. ET- President Barack Obama endorsed the right of same-sex couples to marry on Wednesday, a landmark pronouncement made in light of mounting


  • Can an illegal immigrant become a lawyer? - U.S. News

    usnews.nbcnews.com/_news/2012/04/24/11369925-can-an-illegal...

    Jose Manuel Godinez-Samperio was brought to the United States from Mexico by his parents when he was nine years old. Sixteen years later, he had graduated from his ...


  • What Is Extreme Couponing? How Can I Get Started? Lady and

    www.ladyandtheblog.com/2011/01/05/what-is-extreme-couponing-how...

    Every Single Day I Post The Best Deals On The Internet! Click Here To Check Them Out!!! Follow me on YouTube! I always post my shopping trips and how I did it!!!


  • 2013 Taxes - Free Online Tax Filing Options - TurboTax 2013

    2013taxes.org

    For many businesses, especially small businesses, taxes can be quite a handful. Moreover, its not just paying taxes, its knowing what can be taxed and/or deducted.


  • How Can You Get Chlamydia All You Wanted To Know About ...

    www.howcanyougetchlamydia.com

    How Can You Get Chlamydia All You Wanted To Know About Chlamydia Trachomatis And Chlamydia Pneumoniae


  • Intelligence Bureau (IB) ACIO - Syllabus and Previous year ...

    www.gnaukri.in/central-govt/intelligence-bureau-ib-acio-syllabus...

    Recruitment of Assistant Central Intelligence Officer (ACIO) IB Syllabus Sample Previous years Question Paper solved Assistant Central ...


  • I-Mockery.com - Mocking pop culture and whatever else we can get ...

    www.i-mockery.com

    I-Mockery.com : Mocking pop culture and whatever else we can get our grubby hands on.

You're reading an article about How Can I Get an EIC From Previous Years? and you can find articles How Can I Get an EIC From Previous Years? this is url http://irstaxllawyer.blogspot.com/2013/11/how-can-i-get-eic-from-previous-years.html,you may spread or copy and paste it if the article How Can I Get an EIC From Previous Years? This is very beneficial to your friends, but do not forget to put the link How Can I Get an EIC From Previous Years? as the source.

0 komentar

Posting Komentar