Important Service Announcement: Based on user feedback we are not shutting down the TaxAlmanac.org website however the site is now an archived version as of June 2014. While all of the existing discussion threads and commentary will be preserved you will no longer be able to edit content, post to forums or create additional logins.

Taxable & Nontaxable Income (2004 IRS FAQ)

From TaxAlmanac, A Free Online Resource for Tax Professionals
Note: You are using this website at your own risk, subject to our Disclaimer and Website Use and Contribution Terms.

From TaxAlmanac

Revision as of 02:11, 18 January 2007 by Deback (Talk | contribs)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

IRS FAQ 8.2 Earned Income Tax Credit: Taxable & Nontaxable Income



Is child support considered income when calculating the Earned Income Credit?

No, for purposes of calculating the Earned Income Credit, child support is not considered earned income.

Please refer to Publication 596, Earned Income Credit, for a complete discussion of the Earned Income Credit.

References:

Source: IRS.gov

Retrieved from "http://www.taxalmanac.org/index.php/Taxable_%26_Nontaxable_Income_(2004_IRS_FAQ)"
Personal tools