You May Benefit From Filing Form 1040A or 1040 in 2012(p3)

Due to the following tax law changes for 2012, you may benefit from filing Form 1040A or 1040, even if you normally file Form 1040EZ. See the instructions for Form 1040A or 1040, as applicable.

The maximum adjusted gross income (AGI) you can have and still claim the EIC has increased. You may be able to claim the credit if your AGI is less than the amount below that applies to you. The maximum investment income you can have and still claim the credit is $3,200.

You may be able to claim a larger EIC using Form 1040A or 1040 if:

• Three or more children lived with you and you earned less than $45,060 ($50,270 if married filing jointly),
• Two children lived with you and you earned less than $41,952 ($47,162 if married filing jointly), or
• One child lived with you and you earned less than $36,920 ($42,130 if married filing jointly).