Earned Income Credit - Unemployment
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For purposes of calculating the Earned Income Credit (EIC), unemployment is not included in earned income but is included in Adjusted Gross Income (AGI). If your AGI results in a lower EIC, you must use that amount. The TaxAct® program will automatically do this calculation for you on the Form 1040 Earned Income Credit Worksheet.

For more information, go to IRS Publication 596 Earned Income Credit (EIC), or Worksheet A on page 44 of the IRS Instructions for Form 1040 and 1040-SR.


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