I was told that I could receive the earned child tax credit monthly? How does this work?
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I was told that I could receive the earned child tax credit monthly? How does this work?
You need to submit paperwork for the Advance EIC with your employer, and the EIC is then prorated over the year and added to your paycheck.
Oooh I see. So since I already got my EIC in a lump sum with my tax return for '09, I won't be able to get it again :P but I can do this next year :) thank you
That is not the case. The EIC you got on your recent tax return was for Tax Year 2008.
If you still qualify for the EIC for 2009, you can have that credit added to your paycheck on a pro-rated basis.
Ooh I see. Where would I get info on this about how to apply for it and all that?
You should first ask your employer.
They can do the needed research on the IRS website and download the required forms from there.
This was a good question, I didn't know that was possible!
THAT is why you ask the experts!
Well good I have one for you, I'll go post it right now!
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