Eligibility for Earned Income Credit AARP Tax advice

Eligibility for Earned Income Credit AARP Tax advice

Eligibility for Earned Income Credit AARP Tax advice

Eligibility for Earned Income Credit

Q: My question is on the Earned Income Credit (EIC). My husband, myself, and our granddaughter are the three we claim. We get Social Security, and my husband, who is 65, gets a pension. All totaled, it is less than the $32,000 allowed, so we do not have to file the Social Security. We want to file for Earned Income Credit, since we have one child. Can we file EIC using the pension we paid federal taxes on, or is it wages only? Help please. A: Sorry, you are not eligible for the Earned Income Credit because you have no earned income. You must have income from salaries and wages or self-employment income to qualify. Pensions and Social Security are not earned income for this purpose. These questions are actual inquiries submitted by taxpayers to our AARP Tax-Aide Program. The AARP Tax-Aide Program is a volunteer-run, free tax-preparation and assistance program offered to low- and middle-income taxpayers with special attention to those age 60 and older. Our volunteers are trained and IRS-certified to understand individual federal-tax issues. Our volunteers provide tax assistance as a public service and cannot guarantee the accuracy of the information provided. Cancel You are leaving AARP.org and going to the website of our trusted provider. The provider’s terms, conditions and policies apply. Please return to AARP.org to learn more about other benefits. Your email address is now confirmed. You'll start receiving the latest news, benefits, events, and programs related to AARP's mission to empower people to choose how they live as they age. You can also by updating your account at anytime. You will be asked to register or log in. Cancel Offer Details Disclosures

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