EIC Question

[Larmil]

Single taxpayer, age 43, died on Feb 1, 2006. He had worked the month of January and his only income was the $5,000.00 on that W-2. Does this return qualify for the EIC?

TIA!

[Brian EA]

Taxpayer, age 43, died on Feb 1, 2006. He had worked the month of January and his only income was the $5,000.00 on that W-2. Does this return qualify for the EIC?

TIA!

Enter the info in your software and it will tell you whether it qualifies or not. make sure you enter the date of death.

I am sre it qualifies.

brian

[Larmil]

Enter the info in your software and it will tell you whether it qualifies or not. make sure you enter the date of death.

I am sre it qualifies.

brian

Thanks, I did that and the software says yes, but I wanted to double check the software.

[jainen]

Watch out, Brian!

>>I am sure it qualifies. <<

Watch out, Brian! There are some thought police roaming this forum who don't believe that "it qualifies" is enough justification for a refundable credit. There is the "moral" issue, you see.

I'll stand with you, supporting (or at least complying with) the Congressional decree. But, oh my, don't you think there will be some fuss about a guy making sixty grand a year and still getting back more than he paid in?

[Brian EA]

>>I am sure it qualifies. <<

Watch out, Brian! There are some thought police roaming this forum who don't believe that "it qualifies" is enough justification for a refundable credit. There is the "moral" issue, you see.

I'll stand with you, supporting (or at least complying with) the Congressional decree. But, oh my, don't you think there will be some fuss about a guy making sixty grand a year and still getting back more than he paid in?

I agree with you jainen. The way I looked at it is ;the guy made enough money to fall within the EIC range -DEAD or ALIVE.

brian

[DaveO]

The Facts are the Facts

If he qualifies for EITC then he gets it.

If morality were a major factor in income tax law there would be no income tax. Government would operate on a fee for service basis for everything beyond the courts and national security.

[Joe Btfsplk]

Eic

If he qualifies, then I would put it on the return. However, I would check to see if there isn't some provision relating to a short tax year due to death.

[Larmil]

If he qualifies, then I would put it on the return. However, I would check to see if there isn't some provision relating to a short tax year due to death.

That is what I am trying to find out. I can find nothing about a short year for EIC. Since there is no short year for a 1040 due to death, my thoughts would be unless otherwise stated there would be no short year for EIC. I am claiming it but explaining my thoughts to the administrator with the warning that it may possibly be denied..

[DaveO]

I have had this situation on two returns

That is what I am trying to find out. I can find nothing about a short year for EIC. Since there is no short year for a 1040 due to death, my thoughts would be unless otherwise stated there would be no short year for EIC. I am claiming it but explaining my thoughts to the administrator with the warning that it may possibly be denied..

Over the last few years, not the same taxpayer of course. I took the EITC both times with no questions from the IRS. I did some research and couldn't find any requirement that the taxpayer was alive the whole year. Then again I didn't have access to the mighty intellects on this board then either.

[Black Bart]

There now, jainen!

...I didn't have access to the mighty intellects on this board then....

Who said nobody likes ya?

[DaveO]

Now BB

Who said nobody likes ya?

I was talking about you! I miss living in the south where your ad hominem is served with gravy and a side of biscuits.