In 2018, Jeff spends $6,000 on solar panels to heat water for his main home. What is
Question:
In 2018, Jeff spends $6,000 on solar panels to heat water for his main home. What is Jeff’s credit for his 2018 purchases?
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SCHEDULE EIC OMB No. 1545-0074 Earned Income Credit (Form 1040) Qualifying Child Information 2018 1040 Complete and attach to Form 1040 only if you have a qualifying child. EIC Department of the Treasury Intermal Revenue Service (9) Name(s) shown on retun Attachment Sequence No. 43 Your social security number Go to www.irs.gov/ScheduleEIC for the latest information. • See the instructions for Form 1040, line 17a, to make sure that (a) you can take the EIC, and (b) you have a qualifying child. • Be sure the child's name on line 1 and social security number (SSN) on line 2 agree with the child's social security card. Otherwise, at the time we process your return, we may reduce or disallow your EIC. If the name or SSN on the child's social security card is not correct, call the Social Security Administration at 1-800-772-1213. DR Before you begin: • You can't claim the EIC for a child who didn't live with you for more than half of the year. • If you take the EIC even though you are not eligible, you may not be allowed to take the credit for up to 10 years. See the instructions for details. •it will take us longer to process your return and issue your refund if you do not fill in all lines that apply for each qualifying child. 2018 CAUTION Qualifying Child Information Child 1 Child 2 Child 3 ONOT FILE 1 Child's name If you have more than three qualifying children, you have to list only three to get the maximum credit. First name First name Last name First name Last name Last name 2 Child's SSN The child must have an SSN as defined in the instructions for Form 1040, line 17a, unless the child was born and died in 2018. If your child was born and died in 2018 and did not have an SSN, enter "Died" on this line and attach a copy of the child's birth certificate, death certificate, or hospital medical records showing a live birth. 3 Child's year of birth Year Year Year If born after 1999 and the child is younger than you (or your spouse, if younger than you (or your spouse, if younger than you (or your spouse, if filing jointly), skip lines 4a and 4b:iling jointly), skip lines 4a and 4b; iling jointly), skip lines 4a and 46; go to line 5. If born after 1999 and the child is If born after 1999 and the child is go to line 5. go to line 5. 4 a Was the child under age 24 at the end of 2018, a student, and younger than you (or your spouse, if filing jointly)? Yes. No. Yes. No. Yes. No. Go to line 5. Go to line 4b. Go to line 5. Go to line 4b. Go to Go to line 4b. line 5. bWas the child permanently and totally disabled during any part of 2018? Yes. No. Yes. No. Yes. No. Go to line 5. The child is not a Go to qualifying child. line 5. The child is not a qualifying child. line 5. Go to The child is not a qualifying child. 5 Child's relationship to you (for example, son, daughter, grandchild, niece, nephew, eligible foster child, etc.) 6 Number of months child lived with you in the United States during 2018 • If the child lived with you for more than half of 2018 but less than 7 months, enter "7." • If the child was born or died in 2018 and your home was the child's home for more Do not enter more than 12 than half the time he or she was alive during 2018, enter "12." For Paperwork Reduction Act Notice, see your tax return instructions. months months months Do not enter more than 12 months. Do not enter more than 12 тonths. months. Cat. No. 13339M Schedule EIC (Form 1040) 2018
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Related Book For
Income Tax Fundamentals 2019
ISBN: 9781337703062
37th Edition
Authors: Gerald E. Whittenburg, Steven Gill
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