In my 2006 tax form it stated eic.  whats earned income credit??
153022
Earned income credit is a tax credit given to low income parents.  If you have a child and make under $30,000 you should do the worksheet to see if you qualify.  It is possible to get a refund of more taxes than you actually paid in for some people.
803965
I'm amazed by some of the answers. You haven't had any income at all. What income are you going to report?? NO INCOME = NO TAX RETURN.
1143979
They provide cheap labor for the employers, but the regular folk have to pay the difference every day.\n\nSassy, they can get EIC for much more than $3200. It's over $4,800 they can get. Plus they can get additional child tax credit.
396528
You still have to file a tax form because you actually did earn money.  Sad, but true.  Since you don't want to pay e-file, do a written one and since it's miniscule the math is simple.  Remember, the 17th is the absolute final day to get those returns postmarked in the post office.  So grab a form and get to it.
888866
As an idea you could try your local tax office,either your last employers tax office or the one closest to where you live.Or try Her Majesty's Revenue and Customs website.When i had zero (claimed)income i used this to have my interest paid gross of income tax.It doesn't answer your question exactly but I'm only trying to help you.Don't let people diss. you 'cause they don't know your circumstances.
201761
Strange you should ask that I was just on the phone with the IRS over that code showing up on my return.They did not tell me exactly what it means but in my case My refund is being offsetted cause my husband owes back child support(we knew this) so we will be getting back a lesser amount then what our refund was suppose to be. That does not mean that is your problem.1201 could just mean some kind of problem with your return. call the irs and find out.
128373
as long as you provided over half of his support and he didnt make to much money than you can claim him. the not over 18 unless a full time student than it is up to 24 years of age rule  (the quy above me was talking about) is only applied to the earned income credit. a dependent can be eny age its just that the child credits go by age. i do taxes.
221541
Unfortunately it is very difficult to get the Earned  Income Credit without earned income.     Even when you do have earned income and you have $2,700 in investment income, you cannot apply.  Publication 17 from the IRS states the Pensions, Social security, unemployment, and welfare all are NOT earned income and do not qualify you for the earned income credit.  Your case is not unique, and I know it would help you raise the child, but the intention of the law was to help low income working parents, single or married.  It was not intended for retired Granparents.  I would lobby your Conrgressman/woman for a change to the law, because this is the only way you will get it.
166383
It's not only the -amount- of income you earn that determines whether or not you have to file an income tax return. There are many factors. To see the requirements, follow the questionnaire at this link: http://www.irs.gov/individuals/article/0,,id=96623,00.html\n\nRemember that even if you aren't required to file, sometimes it's in your best interest to file anyway, because you may be due a refund - sometimes much more than you think, if you qualify for the Earned Income Tax Credit.
608428
Check at the library--they frequently hae access to that type of information. Also you probably don't have to file. You only have to file if your income is at a certain level. You may want to file though because you may be due a refund.
873837
Month 1. It means it is not taxed on an accumulative base ...usually used as an emergency code while they wait for Inland Revenue to send actual code but not sure in your case. There must be a reason why you are not going onto accumulative and it is probably because you don't have a P45 from last job (?) ... or do you have a second job? If not, then once you get that information, then you will go onto accumulative and get a refund.\n\nOK, so because you have another job, they need to tax you on both incomes. Now because you get a certain amount of allowances each year, usually they work on an accumulative basis so that they can estimate what your total income for the year will be. It's more difficult when you have two incomes, so instead they set a standard rate of tax on the second job, which will always be the same (if the pay in the second job stays the same) and at the end of the year they will add them together, apply the allowances and then most likely send you a refund after 6th April 2007 if one is due (most likely). \n\nHope that helps?
72224
The Earned Income Credit will depend on your income.  You must file as Married Filing Jointly to get the Earned Income Credit if you live with your spouse.  Even if your spouse does not make enough income that they are required to file income taxes it will be an advantage for your family rather than passing up the Earned Income Credit.
52994
1040 long form and this one:\n\nhttp://www.irs.gov/pub/irs-pdf/p502.pdf
133182
That sounds like a state refund you got last year.\nIn California, if you got a state refund in 2004 you must report it as income in your federal income tax for 2005.\nThere are exemptions like if you itemized last year and you don't this year.\nConsult your tax professional.
165093
Contact the finance department of the business you worked for. They should have issued one to you and one to the IRS by the end of last month.
63084
Form 1099-R has several numbered boxes.  Box 7 is called "Distribution code(s)".  The meanings of the various codes are explained on the back of the form.  In Box 7, the value "7" means "Normal distribution".  The value "A" means "May be eligible for 10-year tax option."\n\nIf the above does not help, add additional details to your question.
842512
Most of us live with the idea that the past repeats itself.  \n\nThey are checking:\n\n1)  Did you lie on your application about your past salary?\n2)  Have you been in the same line of work for the last two years?\n3)  Does it show your salary has been going up?\n4)  Have you filed taxes for the last two years (otherwise the IRS could put a lien against your house once you have one)\n\nIt goes on and on, but the rest are just variations of the four above.\n\nContrary to the guy above me, it is almost ALWAYS REQUIRED UNLESS you are going with a stated income loan.