IRS Schedule EIC (Earned Income Credit) is used by taxpayers eligible for the Earned Income Credit (EIC) and have qualifying children. If a taxpayer is eligible for the EIC, but does not have any qualifying children, the taxpayer does not have to include Schedule EIC with their Form 1040 (US Individual Income Tax Return).
Purpose of Schedule EIC
A taxpayer generally receives a larger EIC amount if they have qualifying children. To verify that the taxpayer has a qualifying child, the taxpayer must provide additional information on each child.
The information provided includes:
- Child’s name
- Child’s social security number (SSN)
- Child’s year of birth
- Question regarding whether the child is permanently disabled
- Child’s relationship to the taxpayer
- Number of months the child lived with the taxpayer
Video Tutorials on Schedule EIC and the Earned Income Tax Credit
See our videos below on the Earned Income Credit
- EIC Calculation for Tax Year 2023
- EIC for a Self-Employed Individual with No Children
- EIC for Taxpayer with 2 Qualifying Children and Schedule EIC
- IRS CP09 Notice for the EIC
Additional Information
Taxpayers can find more information in IRS Publication 596 and on the IRS website.