Understanding the purpose of a tax form or schedule is never a pleasant experience. That's why we created a comprehensive tax form library, showcasing the most frequently used tax forms and schedules you may encounter. We believe the process of staying compliant with your taxes should be as effortless as possible.
General Information
- What is the form number? Form 1040 Schedule EIC
- What government agency is it filed with? The Internal Revenue Service (IRS)
- What is the form name? Earned Income Credit
- What is this form about? Schedule EIC is a supplemental schedule for Form 1040 that U.S. taxpayers use to claim the Earned Income Credit (EIC). The EIC is a tax credit for low-to-moderate-income working individuals and families, especially those with children. The schedule helps taxpayers determine their eligibility and calculate the amount of credit they can claim, which is then applied against their tax liability or added to their refund.
What does it look like?
Resources
Looking for more information about this form? Here are some helpful resources:
- About the form - https://www.irs.gov/forms-pubs/about-schedule-eic-form-1040
- Example copy of the form - https://www.irs.gov/pub/irs-pdf/f1040sei.pdf
How can we help you today?
Looking for more information about this or other tax forms? The tax team at DiMercurio Advisors are tax compliance experts. We are passionate about ensuring you are well-informed and in control of your tax situation.