Can I file a 2007 Tax Return ?

I lived on savings in 2007 and had no income for the year. I am in the ministry. Can I file to claim EIC for my two children and possibly child tax credit?

Can I file a 2007 Tax Return ?

Check at www.irs.gov.

Can I file a 2007 Tax Return ?

No. You had no income.

Can I file a 2007 Tax Return ?

the EIC is an EARNED income credit. no income, no credit.

Can I file a 2007 Tax Return ?

To claim the earned income credit, you have to have earned income.

Can I file a 2007 Tax Return ?

you can%26#039;t.. bcoz u didn%26#039;t had income.

Can I file a 2007 Tax Return ?

You can%26#039;t claim NEGATIVE income (a credit against 0 income). However, you should file anyway, to put in the IRS records a year with 0 income. Then, if your situation changes in 2008 and beyond, you can use income averaging (using the $0 income in 2007 to reduce your average income) to pay lower taxes over the next few years. Check with a tax accountant on this.

Can I file a 2007 Tax Return ?

Income averaging went away in 1986.

Can I file a 2007 Tax Return ?

No, the EIC is EARNED income credit, so no income means no EIC. And you wouldn%26#039;t get the child tax credit or additional child tax credit either with no income.

Can I file a 2007 Tax Return ?

You can%26#039;t claim EIC. Also, you may not be able to qualify for Child Tax Credit. However, you may qualify for the Additional Child Tax Credit.