If I have self-employment income, can I claim the EIC?
You must claim all deductions allowed and resulting from your business. This determines your net self-employment income.
You must claim all deductions — including depreciation. If you don’t, you might owe a penalty for any misrepresentation you made to obtain other tax benefits. These other benefits include the EIC and Social Security benefits.
Looking for information on the Illinois property tax rate? Read here to learn who owes, how to pay and more with H&R Block.
If you claim your child as a dependent, can you deduct their student loan interest on your taxes? Learn more from the tax experts at H&R Block.
Looking for more information about your Ohio refund? Find out details on how to check your refund status, who to contact, and more from H&R Block.
Do you own real property in Texas? Read here to learn more about Texas state real property tax including how to pay and when it’s due.