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MOORE’S SERVICES is a full service Tax Preparation Company that provides year-round services. We specialize in both individual and business taxes. We also offer Notary Public Services. Come in and see us today.

Wednesday, January 1, 2014

Earned Income Tax Credit Rules for Everyon: Alabama's # 1 Tax Service


To qualify for Earned Income Tax Credit or EITC, you, and your spouse if married and filing a joint return, must meet all of the following rules:
  1. Have a Social Security Number that is valid for employment
  2. Have earned income from working for someone, running or owning a business or farm or another source
  3. Cannot file as married filing separate 
  4. Must be:
    •  a U.S. citizen or resident alien all year or
    •  a nonresident alien married to a U.S. citizen or resident alien, file a joint return and choose to be treated as a resident alien (for more information on making this choice, see Publication 519, U.S. Tax Guide for Aliens)
  5. Cannot be the qualifying child of another person
  6. Cannot file Form 2555 or 2555-EZ (related to foreign earned income)
  7. Your Adjusted Gross Income and earned income must meet the limits shown on the Income Limits, Maximum Credit Amounts and Tax Law Updates Page
  8. Your investment income must meet or be less than the amount listed on the Income Limits, Maximum Credit Amounts and Tax Law Updates Page

After you meet the EITC rules for everyone, you must either meet the rules for workers without a qualifying child or have a child that meets the qualifying child rules.



Keeping you informed
Alabama's #1 Tax Service

MOORE'S SERVICES, LLC
2160 Green Spring Hwy Suite E.
Birmingham, AL 35205

Phone 324-8753
Website: www.mooresservicesonline.com

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