{"id":118,"date":"2020-02-26T21:20:51","date_gmt":"2020-02-26T21:20:51","guid":{"rendered":"https:\/\/integrity3d.co.uk\/portfolio\/royaltyfinance\/?page_id=118"},"modified":"2023-01-19T09:22:36","modified_gmt":"2023-01-19T09:22:36","slug":"information","status":"publish","type":"page","link":"https:\/\/integrity3d.co.uk\/portfolio\/royaltyfinance\/information\/","title":{"rendered":"Information"},"content":{"rendered":"<p>[vc_row bg_type=&#8221;image&#8221; parallax_style=&#8221;vcpb-vz-jquery&#8221; bg_image_new=&#8221;id^120|url^https:\/\/integrity3d.co.uk\/portfolio\/royaltyfinance\/wp-content\/uploads\/2020\/02\/bg-13-1.jpg|caption^null|alt^null|title^null|description^null&#8221; bg_override=&#8221;full&#8221; enable_overlay=&#8221;enable_overlay_value&#8221; overlay_color=&#8221;rgba(0,0,0,0.55)&#8221; kswr_row_top_decor_enabled=&#8221;false&#8221; kswr_row_bottom_decor_enabled=&#8221;false&#8221;][vc_column width=&#8221;1\/2&#8243;][\/vc_column][vc_column width=&#8221;1\/2&#8243;]<div class=\"ult-spacer spacer-6a6cad6d734e6\" data-id=\"6a6cad6d734e6\" data-height=\"400\" data-height-mobile=\"350\" data-height-tab=\"350\" data-height-tab-portrait=\"350\" data-height-mobile-landscape=\"350\" style=\"clear:both;display:block;\"><\/div><div id=\"ultimate-heading-89066a6cad6d73541\" class=\"uvc-heading ult-adjust-bottom-margin ultimate-heading-89066a6cad6d73541 uvc-504 \" data-hspacer=\"no_spacer\"  data-halign=\"right\" style=\"text-align:right\"><div class=\"uvc-heading-spacer no_spacer\" style=\"top\"><\/div><div class=\"uvc-sub-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-89066a6cad6d73541 .uvc-sub-heading '  data-responsive-json-new='{\"font-size\":\"desktop:42px;\",\"line-height\":\"desktop:54px;\"}'  style=\"font-family:&#039;Muli&#039;;font-weight:200;color:#ffffff;margin-bottom:25px;\">Information<\/div><\/div><div id=\"ultimate-heading-10376a6cad6d73589\" class=\"uvc-heading ult-adjust-bottom-margin ultimate-heading-10376a6cad6d73589 uvc-8726 \" data-hspacer=\"no_spacer\"  data-halign=\"right\" style=\"text-align:right\"><div class=\"uvc-heading-spacer no_spacer\" style=\"top\"><\/div><div class=\"uvc-main-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-10376a6cad6d73589 h2'  data-responsive-json-new='{\"font-size\":\"desktop:20px;\",\"line-height\":\"desktop:30px;\"}' ><h2 style=\"font-family:&#039;Muli&#039;;font-weight:200;color:#ffffff;\">Docs, latest News, Tax Laws, Updates\u2026<\/h2><\/div><div class=\"uvc-sub-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-10376a6cad6d73589 .uvc-sub-heading '  data-responsive-json-new='{\"font-size\":\"desktop:13px;\",\"line-height\":\"desktop:20px;\"}'  style=\"font-family:&#039;Muli&#039;;font-weight:200;color:#ffffff;margin-bottom:25px;\"><\/p>\n<div class=\"kswr-heading-container kswr-theelement\">\n<div class=\"kswr-heading-content kswr-shortcode-element\" data-fontsettings=\"font-size:13px;line-height:20px;\">Not with everything included list and some of the deductions are not deductible all time.<br \/>\nalways save all your receipts up to 3 Years.<\/div>\n<\/div>\n<p><\/div><\/div><div class=\"ult-spacer spacer-6a6cad6d735c2\" data-id=\"6a6cad6d735c2\" data-height=\"60\" data-height-mobile=\"30\" data-height-tab=\"30\" data-height-tab-portrait=\"30\" data-height-mobile-landscape=\"30\" style=\"clear:both;display:block;\"><\/div>[\/vc_column][\/vc_row][vc_row equal_height=&#8221;yes&#8221; content_placement=&#8221;middle&#8221; bg_type=&#8221;bg_color&#8221; ult_hide_row=&#8221;ult_hide_row_value&#8221; ult_hide_row_tablet=&#8221;tablet&#8221; ult_hide_row_tablet_small=&#8221;xs_tablet&#8221; ult_hide_row_mobile=&#8221;mobile&#8221; ult_hide_row_mobile_large=&#8221;xl_mobile&#8221; kswr_row_top_decor_enabled=&#8221;false&#8221; kswr_row_bottom_decor_enabled=&#8221;false&#8221; css=&#8221;.vc_custom_1582749909698{padding-top: 70px !important;padding-bottom: 70px !important;}&#8221;][vc_column width=&#8221;1\/2&#8243; css=&#8221;.vc_custom_1582749949249{padding-top: 20px !important;padding-right: 40px !important;padding-bottom: 20px !important;padding-left: 40px !important;background-color: #f3f5f9 !important;}&#8221;]<div id=\"ultimate-heading-58536a6cad6d735ec\" class=\"uvc-heading ult-adjust-bottom-margin ultimate-heading-58536a6cad6d735ec uvc-7236 \" data-hspacer=\"no_spacer\"  data-halign=\"left\" style=\"text-align:left\"><div class=\"uvc-heading-spacer no_spacer\" style=\"top\"><\/div><div class=\"uvc-main-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-58536a6cad6d735ec h2'  data-responsive-json-new='{\"font-size\":\"desktop:16px;\",\"line-height\":\"desktop:25px;\"}' ><h2 style=\"font-family:&#039;Muli&#039;;font-weight:300;color:#c4aa14;\">Individual\/Business<\/h2><\/div><div class=\"uvc-sub-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-58536a6cad6d735ec .uvc-sub-heading '  data-responsive-json-new='{\"font-size\":\"desktop:42px;\",\"line-height\":\"desktop:54px;\"}'  style=\"font-family:&#039;Muli&#039;;font-weight:200;color:#0c1220;margin-bottom:15px;\">Documents Needed to File<br \/>\n<\/div><\/div><div class=\"standard-arrow bullet-top\"><p><strong>Must Have: U.S ID or Passport, Social Security, ITIN, Business Tax ID<\/strong><\/p>\n<ul>\n<li>W-2 Wages<\/li>\n<li>W-2G Gambling Income<\/li>\n<li>Gain or Lost Statement<\/li>\n<li>1099-MISC Miscellaneous Income<\/li>\n<li>1099-SSA Social Security Statement<\/li>\n<li>1099-G Unemployment Benefits<\/li>\n<li>1099-DIV Dividend Statement<\/li>\n<li>1099-INT Interest Statement<\/li>\n<li>1099-R Retirement Distributions<\/li>\n<li>1099-B Brokerage Statements<\/li>\n<li>K-1 Statements for partnerships, trusts, and small businesses<\/li>\n<li>Income and Expenses for Rental Properties<\/li>\n<li>Income and Expenses for Self-Employment<\/li>\n<li>Income and Expenses for Alimony<\/li>\n<\/ul>\n<\/div>[\/vc_column][vc_column width=&#8221;1\/2&#8243; css=&#8221;.vc_custom_1582749891031{background-image: url(https:\/\/integrity3d.co.uk\/portfolio\/royaltyfinance\/wp-content\/uploads\/2020\/02\/bg-14-scaled.jpg?id=123) !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}&#8221;]<div class=\"ult-spacer spacer-6a6cad6d7369c\" data-id=\"6a6cad6d7369c\" data-height=\"60\" data-height-mobile=\"30\" data-height-tab=\"30\" data-height-tab-portrait=\"30\" data-height-mobile-landscape=\"30\" style=\"clear:both;display:block;\"><\/div>[\/vc_column][\/vc_row][vc_row bg_type=&#8221;bg_color&#8221; ult_hide_row=&#8221;ult_hide_row_value&#8221; ult_hide_row_large_screen=&#8221;large_screen&#8221; ult_hide_row_desktop=&#8221;desktop&#8221; kswr_row_top_decor_enabled=&#8221;false&#8221; kswr_row_bottom_decor_enabled=&#8221;false&#8221;][vc_column][vc_single_image image=&#8221;123&#8243; img_size=&#8221;full&#8221; alignment=&#8221;center&#8221; image_hovers=&#8221;false&#8221;][vc_row_inner][vc_column_inner css=&#8221;.vc_custom_1582275795321{padding-top: 50px !important;padding-right: 70px !important;padding-bottom: 50px !important;padding-left: 70px !important;background-color: #f3f5f9 !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}&#8221;]<div class=\"ult-spacer spacer-6a6cad6d736bf\" data-id=\"6a6cad6d736bf\" data-height=\"55\" data-height-mobile=\"30\" data-height-tab=\"30\" data-height-tab-portrait=\"30\" data-height-mobile-landscape=\"30\" style=\"clear:both;display:block;\"><\/div><div id=\"ultimate-heading-27946a6cad6d736ea\" class=\"uvc-heading ult-adjust-bottom-margin ultimate-heading-27946a6cad6d736ea uvc-2152 \" data-hspacer=\"no_spacer\"  data-halign=\"left\" style=\"text-align:left\"><div class=\"uvc-heading-spacer no_spacer\" style=\"top\"><\/div><div class=\"uvc-main-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-27946a6cad6d736ea h2'  data-responsive-json-new='{\"font-size\":\"desktop:16px;\",\"line-height\":\"desktop:25px;\"}' ><h2 style=\"font-family:&#039;Muli&#039;;font-weight:300;color:#c4aa14;\">Individual\/Business<\/h2><\/div><div class=\"uvc-sub-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-27946a6cad6d736ea .uvc-sub-heading '  data-responsive-json-new='{\"font-size\":\"desktop:42px;\",\"line-height\":\"desktop:54px;\"}'  style=\"font-family:&#039;Muli&#039;;font-weight:200;color:#0c1220;margin-bottom:15px;\">Documents Needed to File<br \/>\n<\/div><\/div><div class=\"standard-arrow bullet-top\"><p><strong>Must Have: U.S ID or Passport, Social Security, ITIN, Business Tax ID<\/strong><\/p>\n<ul>\n<li>W-2 Wages<\/li>\n<li>W-2G Gambling Income<\/li>\n<li>Gain or Lost Statement<\/li>\n<li>1099-MISC Miscellaneous Income<\/li>\n<li>1099-SSA Social Security Statement<\/li>\n<li>1099-G Unemployment Benefits<\/li>\n<li>1099-DIV Dividend Statement<\/li>\n<li>1099-INT Interest Statement<\/li>\n<li>1099-R Retirement Distributions<\/li>\n<li>1099-B Brokerage Statements<\/li>\n<li>K-1 Statements for partnerships, trusts, and small businesses<\/li>\n<li>Income and Expenses for Rental Properties<\/li>\n<li>Income and Expenses for Self-Employment<\/li>\n<li>Income and Expenses for Alimony<\/li>\n<\/ul>\n<\/div><div class=\"ult-spacer spacer-6a6cad6d73777\" data-id=\"6a6cad6d73777\" data-height=\"30\" data-height-mobile=\"15\" data-height-tab=\"15\" data-height-tab-portrait=\"15\" data-height-mobile-landscape=\"15\" style=\"clear:both;display:block;\"><\/div>[\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row css=&#8221;.vc_custom_1582751185124{padding-bottom: 70px !important;}&#8221; kswr_row_top_decor_enabled=&#8221;false&#8221; kswr_row_bottom_decor_enabled=&#8221;false&#8221;][vc_column width=&#8221;1\/2&#8243;]<div id=\"ultimate-heading-93786a6cad6d737a2\" class=\"uvc-heading ult-adjust-bottom-margin ultimate-heading-93786a6cad6d737a2 uvc-4206 \" data-hspacer=\"no_spacer\"  data-halign=\"left\" style=\"text-align:left\"><div class=\"uvc-heading-spacer no_spacer\" style=\"top\"><\/div><div class=\"uvc-main-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-93786a6cad6d737a2 h2'  data-responsive-json-new='{\"font-size\":\"desktop:16px;\",\"line-height\":\"desktop:25px;\"}' ><h2 style=\"font-family:&#039;Muli&#039;;font-weight:300;color:#c4aa14;\">EIC, EITC. CTC Credits<\/h2><\/div><div class=\"uvc-sub-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-93786a6cad6d737a2 .uvc-sub-heading '  data-responsive-json-new='{\"font-size\":\"desktop:42px;\",\"line-height\":\"desktop:54px;\"}'  style=\"font-family:&#039;Muli&#039;;font-weight:200;color:#0c1220;margin-bottom:15px;\">Documents Needed<br \/>\n<\/div><\/div><div class=\"standard-arrow bullet-top\"><p><strong>Personal Deductions<\/strong><\/p>\n<ul>\n<li>State and local income taxes or general sales tax<\/li>\n<li>Foreign income tax<\/li>\n<li>Estimated tax payments<\/li>\n<li>Prior year\u2019s state and local income tax you paid during the tax year<\/li>\n<li>Real estate tax<\/li>\n<li>Personal property tax based on value.<\/li>\n<li>Mortgage Interest<\/li>\n<li>Mortgage prepayment penalties<\/li>\n<li>Points on principal residence financing<\/li>\n<li>Mortgage insurance premiums<\/li>\n<li>Investment interest<\/li>\n<li>Charitable contributions (cash and non-cash) made to qualified charities<\/li>\n<li>Mileage to donate goods to charity or to perform charitable services<\/li>\n<li>Health insurance premiums<\/li>\n<li>Long term care premiums<\/li>\n<li>Out of pocket doctors, labs, dentist, hospital costs, eyes exams, glasses, prescriptions, etc.<\/li>\n<li>Medical mileage<\/li>\n<li>Employee non-reimbursed business expense<\/li>\n<li>Job hunting expenses<\/li>\n<li>Casualty and theft Losses<\/li>\n<li>Investment expenses<\/li>\n<li>Fees for tax return preparation<\/li>\n<li>Investment counsel and advisory fees<\/li>\n<li>Certain legal fees<\/li>\n<li>Safe deposit box rental<\/li>\n<\/ul>\n<\/div>[\/vc_column][vc_column width=&#8221;1\/2&#8243;]<div id=\"ultimate-heading-14626a6cad6d73864\" class=\"uvc-heading ult-adjust-bottom-margin ultimate-heading-14626a6cad6d73864 uvc-4022 \" data-hspacer=\"no_spacer\"  data-halign=\"left\" style=\"text-align:left\"><div class=\"uvc-heading-spacer no_spacer\" style=\"top\"><\/div><div class=\"uvc-main-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-14626a6cad6d73864 h2'  data-responsive-json-new='{\"font-size\":\"desktop:16px;\",\"line-height\":\"desktop:25px;\"}' ><h2 style=\"font-family:&#039;Muli&#039;;font-weight:300;color:#c4aa14;\">Individual<\/h2><\/div><div class=\"uvc-sub-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-14626a6cad6d73864 .uvc-sub-heading '  data-responsive-json-new='{\"font-size\":\"desktop:42px;\",\"line-height\":\"desktop:54px;\"}'  style=\"font-family:&#039;Muli&#039;;font-weight:200;color:#0c1220;margin-bottom:15px;\">Documents Needed<br \/>\n<\/div><\/div><div class=\"standard-arrow bullet-top\"><p><strong>Personal Deductions<\/strong><\/p>\n<ul>\n<li>State and local income taxes or general sales tax<\/li>\n<li>Foreign income tax<\/li>\n<li>Estimated tax payments<\/li>\n<li>Prior year\u2019s state and local income tax you paid during the tax year<\/li>\n<li>Real estate tax<\/li>\n<li>Personal property tax based on value.<\/li>\n<li>Mortgage Interest<\/li>\n<li>Mortgage prepayment penalties<\/li>\n<li>Points on principal residence financing<\/li>\n<li>Mortgage insurance premiums<\/li>\n<li>Investment interest<\/li>\n<li>Charitable contributions (cash and non-cash) made to qualified charities<\/li>\n<li>Mileage to donate goods to charity or to perform charitable services<\/li>\n<li>Health insurance premiums<\/li>\n<li>Long term care premiums<\/li>\n<li>Out of pocket doctors, labs, dentist, hospital costs, eyes exams, glasses, prescriptions, etc.<\/li>\n<li>Medical mileage<\/li>\n<li>Employee non-reimbursed business expense<\/li>\n<li>Job hunting expenses<\/li>\n<li>Casualty and theft Losses<\/li>\n<li>Investment expenses<\/li>\n<li>Fees for tax return preparation<\/li>\n<li>Investment counsel and advisory fees<\/li>\n<li>Certain legal fees<\/li>\n<li>Safe deposit box rental<\/li>\n<\/ul>\n<\/div>[\/vc_column][\/vc_row][vc_row bg_type=&#8221;bg_color&#8221; bg_override=&#8221;full&#8221; kswr_row_top_decor_enabled=&#8221;false&#8221; kswr_row_bottom_decor_enabled=&#8221;false&#8221; bg_color_value=&#8221;#f0ffff&#8221; css=&#8221;.vc_custom_1582751115262{padding-top: 70px !important;padding-bottom: 70px !important;}&#8221;][vc_column]<div id=\"ultimate-heading-22696a6cad6d73911\" class=\"uvc-heading ult-adjust-bottom-margin ultimate-heading-22696a6cad6d73911 uvc-5554 \" data-hspacer=\"no_spacer\"  data-halign=\"left\" style=\"text-align:left\"><div class=\"uvc-heading-spacer no_spacer\" style=\"top\"><\/div><div class=\"uvc-main-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-22696a6cad6d73911 h2'  data-responsive-json-new='{\"font-size\":\"desktop:16px;\",\"line-height\":\"desktop:25px;\"}' ><h2 style=\"font-family:&#039;Muli&#039;;font-weight:300;color:#c4aa14;\">Business\/Self-Employer<\/h2><\/div><div class=\"uvc-sub-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-22696a6cad6d73911 .uvc-sub-heading '  data-responsive-json-new='{\"font-size\":\"desktop:42px;\",\"line-height\":\"desktop:54px;\"}'  style=\"font-family:&#039;Muli&#039;;font-weight:200;color:#0c1220;margin-bottom:15px;\">Documents Needed<\/div><\/div>[vc_column_text]<\/p>\n<p style=\"text-align: left;\"><strong>Business Deductions<\/strong><\/p>\n<p>[\/vc_column_text][vc_row_inner][vc_column_inner width=&#8221;1\/5&#8243;]<div class=\"standard-arrow bullet-top\"><ul>\n<li>Advertising<\/li>\n<li>Answering Service<\/li>\n<li>Auto Expenses<\/li>\n<li>Bank Charges<\/li>\n<li>Business Cards<\/li>\n<li>Business Publications<\/li>\n<li>Cell Phone<\/li>\n<li>Clerical Help<\/li>\n<li>Client Gifts<\/li>\n<li>Commissions Paid<\/li>\n<\/ul>\n<\/div>[\/vc_column_inner][vc_column_inner width=&#8221;1\/5&#8243;]<div class=\"standard-arrow bullet-top\"><ul>\n<li>Computer Expenses<\/li>\n<li>Continuing Education<\/li>\n<li>Courier Service<\/li>\n<li>Customer Refreshments<\/li>\n<li>Dues &amp; Subscriptions<\/li>\n<li>E &amp; 0 Insurance<\/li>\n<li>Business Meals<\/li>\n<li>Internet Costs<\/li>\n<li>Insurance \u2014 Liability, Bond, Errors &amp; Omissions<\/li>\n<li>Legal and Professional Fees<\/li>\n<\/ul>\n<\/div>[\/vc_column_inner][vc_column_inner width=&#8221;1\/5&#8243;]<div class=\"standard-arrow bullet-top\"><ul>\n<li>Licenses &amp; Permits<\/li>\n<li>Materials and Supplies<\/li>\n<li>Memberships Miscellaneous Taxes<\/li>\n<li>Office Expense and Supplies<\/li>\n<li>Office Furniture &amp; Fixtures<\/li>\n<li>Outside Contractors<\/li>\n<li>Parking and Tolls<\/li>\n<li>Payroll Taxes<\/li>\n<li>Postage and Shipping<\/li>\n<li>Printing<\/li>\n<\/ul>\n<\/div>[\/vc_column_inner][vc_column_inner width=&#8221;1\/5&#8243;]<div class=\"standard-arrow bullet-top\"><ul>\n<li>Promotional Items<\/li>\n<li>Referrals<\/li>\n<li>Repairs &amp; Maintenance<\/li>\n<li>Rent<\/li>\n<li>Safety Equipment<\/li>\n<li>Seminars<\/li>\n<li>Signs, Flag, Banners<\/li>\n<li>Software<\/li>\n<li>Stationery<\/li>\n<li>Storage Fees<\/li>\n<\/ul>\n<\/div>[\/vc_column_inner][vc_column_inner width=&#8221;1\/5&#8243;]<div class=\"standard-arrow bullet-top\"><ul>\n<li>Telephone<\/li>\n<li>Tools<\/li>\n<li>Travel<\/li>\n<li>Uniforms<\/li>\n<li>Wages Paid<\/li>\n<li>Website<\/li>\n<\/ul>\n<\/div>[\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row bg_type=&#8221;image&#8221; parallax_style=&#8221;vcpb-vz-jquery&#8221; bg_image_new=&#8221;id^130|url^https:\/\/integrity3d.co.uk\/portfolio\/royaltyfinance\/wp-content\/uploads\/2020\/02\/bg-15.jpg|caption^null|alt^null|title^null|description^null&#8221; bg_override=&#8221;full&#8221; enable_overlay=&#8221;enable_overlay_value&#8221; overlay_color=&#8221;rgba(0,0,0,0.8)&#8221; kswr_row_top_decor_enabled=&#8221;false&#8221; kswr_row_bottom_decor_enabled=&#8221;false&#8221; css=&#8221;.vc_custom_1582751936017{padding-top: 70px !important;padding-bottom: 70px !important;}&#8221;][vc_column][vc_row_inner][vc_column_inner width=&#8221;1\/6&#8243;][\/vc_column_inner][vc_column_inner width=&#8221;2\/3&#8243;]<div id=\"ultimate-heading-69446a6cad6d73aa6\" class=\"uvc-heading ult-adjust-bottom-margin ultimate-heading-69446a6cad6d73aa6 uvc-9417 \" data-hspacer=\"no_spacer\"  data-halign=\"center\" style=\"text-align:center\"><div class=\"uvc-heading-spacer no_spacer\" style=\"top\"><\/div><div class=\"uvc-main-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-69446a6cad6d73aa6 h2'  data-responsive-json-new='{\"font-size\":\"desktop:42px;\",\"line-height\":\"desktop:52px;\"}' ><h2 style=\"font-family:&#039;Muli&#039;;font-weight:300;color:#ffffff;\">Earned Income Tax Credit (EITC)<\/h2><\/div><div class=\"uvc-sub-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-69446a6cad6d73aa6 .uvc-sub-heading '  data-responsive-json-new='{\"font-size\":\"desktop:16px;\",\"line-height\":\"desktop:26px;\"}'  style=\"font-family:&#039;Muli&#039;;font-weight:200;color:#ffffff;\">The Earned Income Tax Credit, EITC or EIC, is a benefit for working people with low to moderate income. To qualify, you must meet certain requirements and file a tax return, even if you do not owe any tax or are not required to file. EITC reduces the amount of tax you owe and may give you a refund.<br \/>\n<\/div><\/div><div class=\"ult-spacer spacer-6a6cad6d73ad3\" data-id=\"6a6cad6d73ad3\" data-height=\"25\" data-height-mobile=\"15\" data-height-tab=\"15\" data-height-tab-portrait=\"15\" data-height-mobile-landscape=\"15\" style=\"clear:both;display:block;\"><\/div>[\/vc_column_inner][vc_column_inner width=&#8221;1\/6&#8243;][\/vc_column_inner][\/vc_row_inner][vc_row_inner equal_height=&#8221;yes&#8221;][vc_column_inner width=&#8221;1\/3&#8243; css=&#8221;.vc_custom_1582751976993{border-right-width: 1px !important;padding-right: 15px !important;border-right-color: #ffffff !important;border-right-style: solid !important;}&#8221;]<div id=\"ultimate-heading-9236a6cad6d73af8\" class=\"uvc-heading ult-adjust-bottom-margin ultimate-heading-9236a6cad6d73af8 uvc-6519 \" data-hspacer=\"no_spacer\"  data-halign=\"left\" style=\"text-align:left\"><div class=\"uvc-heading-spacer no_spacer\" style=\"top\"><\/div><div class=\"uvc-main-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-9236a6cad6d73af8 h2'  data-responsive-json-new='{\"font-size\":\"desktop:24px;\",\"line-height\":\"desktop:34px;\"}' ><h2 style=\"font-family:&#039;Muli&#039;;font-weight:300;color:#ffffff;\">Who Qualifies, Do I Qualify for EITC?<\/h2><\/div><div class=\"uvc-sub-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-9236a6cad6d73af8 .uvc-sub-heading '  data-responsive-json-new='{\"font-size\":\"\",\"line-height\":\"\"}'  style=\"font-weight:normal;color:#ffffff;\">To <a href=\"https:\/\/www.irs.gov\/credits-deductions\/individuals\/earned-income-tax-credit\/do-i-qualify-for-earned-income-tax-credit-eitc\" target=\"_blank\" rel=\"noopener\">qualify for EITC<\/a> you must have earned income from working for someone or from running or owning a business or farm and meet basic rules. And, you must either meet additional rules for workers without a qualifying child or have a child that meets all the qualifying child rules for you.<br \/>\nYou can use <a href=\"https:\/\/www.irs.gov\/pub\/irs-pdf\/p5334.pdf\" target=\"_blank\" rel=\"noopener\">Publication 5334, Do I Qualify for EITC<\/a>? to seek more informations.<\/div><\/div><div class=\"ult-spacer spacer-6a6cad6d73b1e\" data-id=\"6a6cad6d73b1e\" data-height=\"2\" data-height-mobile=\"12\" data-height-tab=\"12\" data-height-tab-portrait=\"12\" data-height-mobile-landscape=\"12\" style=\"clear:both;display:block;\"><\/div>[\/vc_column_inner][vc_column_inner width=&#8221;1\/3&#8243; css=&#8221;.vc_custom_1582751986382{border-right-width: 1px !important;padding-right: 15px !important;border-right-color: #ffffff !important;border-right-style: solid !important;}&#8221;]<div id=\"ultimate-heading-67696a6cad6d73b41\" class=\"uvc-heading ult-adjust-bottom-margin ultimate-heading-67696a6cad6d73b41 uvc-8016 \" data-hspacer=\"no_spacer\"  data-halign=\"left\" style=\"text-align:left\"><div class=\"uvc-heading-spacer no_spacer\" style=\"top\"><\/div><div class=\"uvc-main-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-67696a6cad6d73b41 h2'  data-responsive-json-new='{\"font-size\":\"desktop:24px;\",\"line-height\":\"desktop:34px;\"}' ><h2 style=\"font-family:&#039;Muli&#039;;font-weight:300;color:#ffffff;\">How Do I Claim EITC?<\/h2><\/div><\/div><div class=\"ult-spacer spacer-6a6cad6d73b63\" data-id=\"6a6cad6d73b63\" data-height=\"2\" data-height-mobile=\"12\" data-height-tab=\"12\" data-height-tab-portrait=\"12\" data-height-mobile-landscape=\"12\" style=\"clear:both;display:block;\"><\/div><div class=\"standard-arrow bullet-top\"><p><span style=\"color: #ffffff;\">You need to file a tax return to claim EITC. Find out:<\/span><\/p>\n<ul>\n<li><span style=\"color: #ffffff;\">the documents you need<\/span><\/li>\n<li><span style=\"color: #ffffff;\">the common errors to watch for<\/span><\/li>\n<li><span style=\"color: #ffffff;\">the consequences of filing an EITC return with an error<\/span><\/li>\n<li><span style=\"color: #ffffff;\">how to get help preparing your return<\/span><\/li>\n<li><span style=\"color: #ffffff;\">what you need to do if your EITC was denied in a previous year<\/span><\/li>\n<li><span style=\"color: #ffffff;\">how to claim the credit for earlier tax years<\/span><\/li>\n<\/ul>\n<\/div>[\/vc_column_inner][vc_column_inner width=&#8221;1\/3&#8243; css=&#8221;.vc_custom_1582752022516{border-right-width: 1px !important;padding-right: 15px !important;}&#8221;]<div id=\"ultimate-heading-35846a6cad6d73be1\" class=\"uvc-heading ult-adjust-bottom-margin ultimate-heading-35846a6cad6d73be1 uvc-9278 \" data-hspacer=\"no_spacer\"  data-halign=\"left\" style=\"text-align:left\"><div class=\"uvc-heading-spacer no_spacer\" style=\"top\"><\/div><div class=\"uvc-main-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-35846a6cad6d73be1 h2'  data-responsive-json-new='{\"font-size\":\"desktop:24px;\",\"line-height\":\"desktop:34px;\"}' ><h2 style=\"font-family:&#039;Muli&#039;;font-weight:300;color:#ffffff;\">Important Notes<\/h2><\/div><\/div><div class=\"ult-spacer spacer-6a6cad6d73c04\" data-id=\"6a6cad6d73c04\" data-height=\"2\" data-height-mobile=\"12\" data-height-tab=\"12\" data-height-tab-portrait=\"12\" data-height-mobile-landscape=\"12\" style=\"clear:both;display:block;\"><\/div><div class=\"standard-arrow bullet-top\"><ul>\n<li class=\"first-child\"><span style=\"color: #ffffff;\"><b>You cannot use any income received for work performed while an inmate to claim EITC.<\/b>\u00a0This includes amounts for work performed while incarcerated, in a work release program, or while in a halfway house.<\/span><\/li>\n<li class=\"last-child\"><span style=\"color: #ffffff;\">If the IRS audited you and disallowed the EITC, you may have special filing requirements and limitations.<\/span><\/li>\n<li class=\"last-child\"><span style=\"color: #ffffff;\">You can\u2019t claim EITC unless the Social Security number you, your spouse (if married filing a joint return) or a qualifying child is issued before the due date of the return including any valid extensions.<\/span><\/li>\n<\/ul>\n<\/div>[\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[vc_row bg_type=&#8221;image&#8221; 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