Discussion:EIC and Dependents
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| Revision as of 04:34, 7 March 2006 WBChris (Talk | contribs) (My income is abo) ← Previous diff |
Revision as of 18:18, 26 May 2006 Martineo (Talk | contribs) (Does the questio) Next diff → |
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Revision as of 18:18, 26 May 2006
Discussion Forum Index --> Tax Questions --> EIC and Dependents
| 5 March 2006 | |
| In 2005, my Girlfriend (Wife, as of last month) and I lived together the entire year and we had a child in August. Her total income for the year was around $1200 from a temp job. Other than that income, I have provided everything from my income. On my 2005 taxes, I am filing HOH with two dependents (GF and baby). On her return, she is filing Single with someone else (Me) claiming her as a dependant. Is she eligible for the EIC because of our child? I'm guessing the answer is no, since I am claiming the same child as my dependent. I've entered all of this into TurboTax and it's showing that she IS eligible for the EIC. | |
| March 5, 2006 | |
| Since both of you are the parent and she has some earned income, both of you are eligible to claim the new baby for EIC. But only one person can of course.
Since she only had 1,200 in income (are will choose to claim her) it's probably better for you to claim the EIC, but can't know for sure since you did not mention your income. | |
| 5 March 2006 | |
| Assuming he otherwise qualifies, the boyfriend get's the EIC. No splitting of benefits, except in the case of divorce or separation. | |
| 5 March 2006 | |
| Is it possible that she is eligible because she is between 25-65 and single? | |
| 5 March 2006 | |
| The girlfriend will not be eligible to claim the EIC with respect to the child since the child is a qualifying child of another taxpayer. The girlfriend will not be able to claim the EIC with respect to herself since she is claimed as a dependent on another taxpayer’s return.
However, if the girlfriend did not live with the boyfriend at any time during the last half of the year, then it would be possible for her to claim the EITC while releasing the dependency exemption to her boyfriend. | |
| 7 March 2006 | |
| My income is above the limit for the EIC, so I am not eligible. We lived together for all of 2005 and she is older than 25.
So, since I am not eligible, can she claim the EIC in respect to our child? Does the fact that she is a dependant on my return exclude her from the EIC completely? I read through Pub. 596 and still couldn't come up with an answer. Thanks for the help! | |
