
Although the steps are similar and the outcome is the same, the worksheet is different than the EIC worksheet for forms 10A. These instructions are very clear and easy to follow.You will need the instructions to form 1040EZ to calculate this credit because the amounts change each year.government agency in charge of managing the Federal Tax Code Go to source If you are married and/or have children, the amount you earn can be higher.

X Trustworthy Source Internal Revenue Service U.S. In 2014, a single person with no children had to make below $14,590 to qualify. In order to qualify or the EIC, you need to make below a specified amount per year. The EIC benefits working people who have low to moderate incomes by lowering their tax burden. If you or your spouse cannot be claimed by someone else, you do not have to fill out this form.įigure out if you are eligible for the Earned Income Credit.

This will tell you what to enter on line 5.

If you are not claimed as a dependent, follow the instructions and write the dollar amount associated with your filing status (single or married filing jointly), as described on that line of the form.

Enter your personal and standard deductions on line 5.
