Earned Income Credit Worksheet—Line

Summary: This flowchart represents the worksheet information listed to determine your earned income credit.

Start

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Process (a)

Part 1: All Filers

Process (b)

1. Enter your earned income from Step 5 on page 40.

Process (c)

2. Look up the amount on line 1 in the Earned Income Credit Table on pages 45-52 to find the credit. Be sure you use the correct column for your filing status and the number of children you have. Enter the credit here.

Decision (1)

Is line 2 zero?

Process (d)

Stop. You cannot take the credit. Put No to the left of the entry space for line 40a.

Process (e)

3. Enter the amount from Form 1040A, line 22.

Decision (2)

4. Are the amounts on lines 3 and 1 the same?

Process (f)

Skip line 5; enter the amount from line 2 on line 6.

Process (g)

Go to line 5.

Process (h)

Part 2. Filers Who Answered No on Line 4.

Decision (3)

5. Do you have qualifying children?

Decision (4)

Is the amount on line 3 less than $15,750 ($18,750 if married filing jointly)?

Decision (5)

Is the amount on line 3 less than $7,200 ($10,200 if married filing jointly)?

Process (i)

Leave line 5 blank; enter the amount from line 2 on line 6.

Process (j)

Look up the amount on line 3 in the Earned Income Credit Table on pages 45-52 to find the credit. Be sure you use the correct column for your filing status and the number of children you have. Enter the credit here.

Process (k)

Look at the amounts on lines 5 and 2. Then, enter the smaller amount on line 6.

Process (l)

Part 3. Your Earned Income Credit

Process (m)

6. This is your earned income credit. Enter this amount on Form 1040A, line 40a.

Process (n)

Reminder--If you have a qualifying child, complete and attach Schedule EIC. CAUTION! If your Earned Income Credit for a year after 1996 was reduced or disallowed, see page 42 to find out if you must file Form 8862 to take the credit for 2008.

End

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