Who is EIC?

EIC is a major international manufacturer and supplier of discrete semiconductors. With over 15,000 parts and more than 50 package types, EIC offers one of the most comprehensive diode portfolios in the industry.

What is the Earned Income Credit (EIC)?

The earned income credit (EIC) is a tax credit for certain people who work and have earned income under $54,884. A tax credit usually means more money in your pocket. It reduces the amount of tax you owe.

What is Schedule EIC for Cynthia and Jerry’s example?

Schedule EIC for Cynthia and Jerry’s Example. Summary: This is an example of Schedule E.I.C. (Form 1040) 2020 which pertains to the example in the text. Line items are completed as follows: 1. Child’s name If you have more than three qualifying children, you have to list only three to get the maximum credit: 2.

What is a Schedule EIC and how do I complete it?

Schedule EIC. You must complete Schedule EIC and attach it to your tax return if you have a qualifying child and are claiming the EIC. Schedule EIC provides the IRS with information about your qualifying children, including their names, ages, SSNs, relationship to you, and the amount of time they lived with you during the year.