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Old 02-04-2006, 11:13 AM
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Join Date: Jan 2006
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Federal EIC

Live in Iowa.
I'm doing my taxes with Turbo tax, but I can't figure out if I really qualify for the Federal EIC. I alternate my son as an income tax exemption every other year. 2005 is the Father's exemption year. So, I have put down that he is not a dependet this year. He does live with me more than 80% of the year, we qualify according to the income guidelines, the father wouldn't anyways. So then I'm under the impression that we would qualify for the EIC. Does this sound right?
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Old 02-05-2006, 12:14 AM
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Join Date: Aug 2003
Posts: 1,848
Yes, you qualify for EIC. You give the exemption to the father by signing form 8332.

Snipes
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This post does not create an agreement to represent you before the IRS, nor does it invoke confidentiality regulations. Postings are based only on the information provided and you should consult a tax professional in your area before relying on information contained in this post.
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