Earned Income Credit Explained. CPA Exam

[@alanherrera878]

Great info. Thank you

[@AccountingLectures]

Glad it was helpful! Thank you and please visit the website for more farhatlectures.com/ Start your free trial!

[@drd0uglass916]

Great info. Do they receive child credit with EIC?

[@josemonterrosa4677]

You are wrong!!! There's special rule to qualify for EIC even if married filing separately. Please tell me if you find the answer

[@hazelhazzel5998]

I know

[@hilahechal4146]

If I have c corp and on my 1040 I have only w2 income from my corp am I eligible for EIC?

[@alfredomendez7768]

Hi Farhat, What if the spouse doesn't have a valid SS# but 1 of the tax payers does have a Valid SS#. What if you have both husband and wife with valid ss#, and they have 2 children 1 has a valid SS# AND the other has an ITIN# Awesome video.

[@snap8626]

you need to see the depedency rules. typically, it would be ok with an ITIN as they dont share too many differences under revenue codes.

[@gailandrus7667]

This U.S. government sucks! My son is only 20 yrs. old. I can't claim him because he isn't a full-time student and made 15k a year, YET he can't use the EIC because he isn't 25 years old??? BS