Back to I did not claim it because.
I RUN MY OWN BUSINESS
Nancy has one child and operates a small child care business out of her home. When the year ended, she had taken in $42,000. That was more than the maximum of
$26,782 for a head of household with one child.
Nancy did not account for her business expenses. She paid $5,000 for part time help, $2,600 for food for the day care, and also paid for insurance, car expenses, business cards, advertising and more. Even a portion of her house was eligible as a write-off. If she kept track of all this, she would have found out her Adjusted Gross Income for her business was $21,000. Nancy was indeed eligible for the EITC.
You Earned It. Claim It!
To find the nearest free tax preparation site you can:
Call: 211 Metro Twin Cities and surrounding areas.
Call 701-235-7335 FirstLink HotLine for the greater
Fargo-Moorhead area.
Search free tax preparation
sites at:
www.taxes.state.mn.us
To find an AARP location near you call 1-888-227-7669 or
Click Here
To find out if you are eligible for the EITC go to IRS EITC Tax Assistance page:
Click Here
