*The Commerce Journal>>>United States Taxes

I worked approximately 6 months last year and earned approximately $6000.00.?

What I want to know is if I can also claim ssi from my children, would that help increase my earned income credit. With the ssi payments added in I would have an annual income of about $14,500.

No, EIC is for Earned income, and doesn't take SSI into account.

Ditto, EIC is income that is "earned". SSI is not earned.

Tags

　　Austin 　　Atlanta 　　Other - Business & Finance 　　Other Taxes 　　United States Taxes 　　United Kingdom Taxes 　　Spain Taxes 　　Singapore Taxes 　　Mexico Taxes 　　Ireland Taxes 　　India Taxes

Related information

How do I estimate W-2 numbers using my last paystub?

The socail secuirty and medicare tax will tell you how much the ss and medicare wages are. Take the ss tax and divide by 6.2% and divide the medicare wages by 1.45%. Assuming your paycheck is corre...

I am getting my cpa license soon. How much of a raise should I expect to get?

First of all - CONGRATS!! Now - What's the norm where you work? When coworkers have passed the exam in the past, did they get a raise or a bonus? Most places will give a bonus. And those...

Which gives a better tax return? Filing Married Separate or Married Jointly?

Married filing joint tax rates are much better than married filing seperate rates. If you are newly married, you need to check with your spouse and see if he/she owes any back taxes, because if ...

Head of Household question...?

You can file as "Head of Household" since the children are with you, you are paying the bills, and you have been separated from your husband for the last six months of the year. You can ...

Will the IRS accept my return on Jan. 14?

You cannot get a refund in 4 days, and there isn't any tax service doing the tax return loans anymore like H&R Block used to do, so dont plan on getting any money by Jan 18. Also, do yo...

How much income should be reported on parent's Form 1040, line 12?

On line 12 just 15,500 and the 2,000 that the daughter earn she is going to put them on her taxes as a dependent filler.

...

Sales Tax on Returns?

I have to disagree with bostonian here. You should have received the entire tax that you paid when you returned the item to the store. The reason that you did not receive the entire refund was ...

When IRS start accepting 2007 income tax?

By mail 1/2/2008. By efiling, most on 1/14/2008. By efiling, the rest on 2/11/2008. The forms that are delayed: Form 8863, Education Credits Form 5695, Residential Energy Credits Schedule ...