Welcome Guest. Register Now!  

LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 02-23-2009, 04:21 PM
Junior Member
Join Date: Feb 2009
Posts: 2
Angry No Earned Income Tax Credit for geezers

I have asked this question of numerous "experts" but none would address it:
What is the reasoning, if any, behind the federal tax code disallowing the EIC once a worker reaches the age of 65? Is there are a valid reason or is it entirely arbitrary? In my own case, I still have the same dependent child and am not retired in any sense, so withdrawing the credit seems like a capricious penalty just for aging one more year.

Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Ten Things About the Earned Income Tax Credit Samatg For 2008 0 01-30-2009 07:14 PM
Earned Income Tax - Not Sure What To Do skatss Income 1 07-14-2008 12:39 PM
Earned Income Credit . taxstudent Income 0 03-02-2008 10:53 PM
Is Non-Combat Pay includable for Earned Income Credit in 2007? TaxGuru Income 0 12-11-2007 06:15 PM
Is the child support considered income when calculating the earned income credit? aron Income 1 09-16-2007 10:50 AM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 » Income
 » IRA/Sep
 » Medical
 » Payroll
Forum for CPAs
Financial Planning