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Earn +20 ptsQ: Do you qualify for eic when self employed?
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Can i receive the earned income tax credit if i was self employed and have not yet paid taxes?
Self-employment income does qualify as earned income for the credit. If you have children, the EIC is often more than the self-employent tax you owe. This year, it can also qualify you for the Stimulus money.
Can you qualify for EIC as head of household making 31000-33000 with 3 dependents?
31000
You are self employed an on arrears can you claim childtax credit?
You will file and complete your income tax return correctly claiming ever thing that you qualify to claim.
Where can the information about self employed tax be found online?
The IRS website offers a lot of information on self employed tax. They describe "who is self-employed", "what are my obligations to paying taxes if one is self-employed" etc.
What exactly does self employed mean?
Self employed means that you have no boss, you are your own boss and you work for yourself. Usually someone who is self employed owns a small business
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