In certain states (like California for example) if you are in a Registered Domestic Partnership (RDP) then you are required by law to file your state taxes as Married and filing jointly or Married but filing separately.
Under federal law, however, this does no apply and there are currently (as of 2011) no tax requirements or breaks for RDPs on a federal level.
Just a warning for RDPs filing jointly... it's a bit of a sticky mess.
If you file electronically (I use programs like TaxAct or TurboTax to make my life a little easier) you must first fill out your Federal Tax Forms as if you were married and filing jointly but do NOT submit them (you just need the information that will pop up at the end). Then you fill out the State Tax Forms with the Federal Tax Form information (that you did NOT submit) and then (once the state form is completed) submit ONLY the State Tax Form.
Then you must GO BACK to the Federal Tax Form and clear it. After it is clear, you have to fill it out as an individual and submit it as a single person.
See? It's a bit of a headache because of the repetitiveness but it's totally do-able.
Good luck, I hope this answered your question.
Eligibility for the earned income tax credit is generally not affected by domestic partnership, since the IRS does not recognize domestic partnerships, except in Nevada. The IRS does, however, recognize same-sex marriages and they can affect your eligibility for the EITC.
Unemployment benefits are not "earned income", so you should not be eligible for earned income credit.
If you had miscellaneous income from working for an individual and received a 1099misc form would this income qualify for the earned income credit??
Yes it is.
Fees Earned is an Income and whenever an income increases its credited! So that makes it a credit.
no you may not If you have no earned income, you would not qualify for the earned income credit.
NO workers compensation for an on the job injury is not qualified taxable earned income for the earned income credit.
No. The earned income tax credit is a credit received by some based on their income and lawful dependent children. It is not a deduction of any kind.
EIC is a refundable credit.
Self-employment income is earned income. If you meet all the requirements of the requirements for the earned income credit, you would claim it on your tax return. For more information, go to irs.gov website and type this in the search box: "Do I qualify for earned income credit." This will give you information about all the qualifications.
The IRS government site has an earned income tax credit table. Also, Turbo Tax has a good earned income credit table. Turbo Tax will ask questions that will help one determine if they qualify for a credit. Then, one can use their income credit table to see how much credit they can claim.
The Earned Income Tax Credit or the EITC is a refundable federal income tax credit for low to moderate income working individuals and families. Basically, rather than withholding the tax, the money is available with your paycheck.
eic would probably be referring to the EARNED INCOME TAX CREDIT (EITC) Go to the IRS gov website and use the search box for Earned Income Tax Credit (EITC) The Earned Income Tax Credit or the EITC is a refundable federal income tax credit for low to moderate income working individuals and families.