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For Paperwork Reduction Act Notice see Form 1040A Cat. No. 13339M Schedule EIC Form 1040A or 1040 2007 Page Purpose of Schedule After you have figured your earned income credit EIC use Schedule EIC to give the IRS information about your qualifying child ren. Under age 19 at the end of 2007 or Any age and permanently and totally disabled who. Lived with you in the United States for more than half of 2007. If the child did not live with you for the...
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How to fill out 2007 EIC Schedule form:

01
Gather all necessary documents and information such as your income statements, social security number, and the Social Security numbers of any qualifying children.
02
Start by filling out the first section of the form, which requires personal information such as your name, address, and filing status.
03
Move on to the second section, where you will need to enter information about your qualifying children, if applicable. This includes their names, Social Security numbers, and relationship to you.
04
Proceed to the third section, where you will need to calculate your earned income credit using the provided worksheets. Follow the instructions carefully and enter the correct numbers.
05
Once you have completed the calculations, transfer the amount of your earned income credit to the designated line on the form.
06
Double-check all the information you have entered on the form to ensure accuracy. Make sure you have signed and dated the form before submitting it.

Who needs 2007 EIC Schedule form:

01
Individuals who are eligible for the earned income credit and want to claim it on their 2007 tax return.
02
Those who have earned income from employment or self-employment during the year 2007.
03
Parents or legal guardians with qualifying children who meet the requirements to claim the earned income credit for the tax year 2007.
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The EIC Schedule form, also known as Schedule EIC, is a supplemental form to the federal tax return. It is used by taxpayers who are eligible to claim the Earned Income Credit (EIC), a tax credit designed to provide financial assistance to low to moderate-income individuals and families.
Taxpayers who meet the eligibility criteria for the Earned Income Credit (EIC) must file the EIC Schedule form. Generally, those who have earned income and meet certain income and filing status requirements may be eligible for the EIC and need to file this form.
To fill out the EIC Schedule form, you will need to provide information such as your name, social security number, filing status, and the number of qualifying children you have. You will also need to calculate and report your earned income, adjusted gross income, and any other required information related to the EIC.
The purpose of the EIC Schedule form is to calculate the amount of Earned Income Credit (EIC) that a taxpayer is eligible to claim. It helps determine the eligibility and amount of the credit based on the taxpayer's income, filing status, and the number of qualifying children.
The EIC Schedule form requires taxpayers to report their name, social security number, filing status, and the number of qualifying children they have. Additionally, they must report their earned income, adjusted gross income, and any other information necessary to determine the eligibility and amount of the Earned Income Credit (EIC).
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