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To: DOGHEAD
To receive the EITC, you have to earn legitimate (reportable) income. There aren’t too many people “in the hood” receiving the EITC.
4 posted on 11/09/2012 6:57:58 AM PST by riverdawg
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To: riverdawg

No you have to “report” that you have earned income.
And people in the hood overwhelmingly receive it.
Fill out a schedule C.


6 posted on 11/09/2012 7:04:58 AM PST by DOGHEAD
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To: riverdawg

EITC is a big loop hole. A lot of people work the max on the books..to get their EITC and then work off the books.
And I have never understood why EITC is paid in one lump sum. That money just ends up going for big screen tv’s. It should be sent out in monthly checks for the next twelve months.


7 posted on 11/09/2012 7:05:23 AM PST by Oldexpat
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