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Lee's Summit Missouri online Form 1040-SS: What You Should Know
After your child leaves home for college, for example, enter “EIC” on line 64a of your Form 1040. March 31, 2023 — You can use this for your 2023 return. On line 65a of your tax return, type the amount of income for each qualifying child on line 65b, and enter the totals on line 65a and 65b. Your EIC for any year would be calculated based on the total amount of earned income and other related amounts in 2023 (see example). April 1, 2023 — After your child graduates from college, file Form 1040 with a separate line that includes this amount. For 2017, enter: the number of qualifying children, 2,600 ETC; and enter: 3,000 ETC. June 1, 2023 — After your child starts working, file Form 1040 with a separate line that includes this amount. For other years, enter: the number of qualifying children, 2,700 ETC; and enter: 3,600 ETC. If You Are Married and Have a Son or Daughter If you're married and your husband or wife has a qualifying child on the date you file your return, you can use these amounts.
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