Worksheet B—Continued from page 49

Summary: This flowchart represents the information listed on the Worksheet B, page 2 to determine earned income credit.

Start

This is the starting of the flowchart.

Process (a)

Part 5. All Filers Using Worksheet B.

  • Continue To Process (b)

    • Process (b)

    6. Enter your total earned income from Part 4, line 4b, on page 49.

  • Continue To Process (c)

    • Process (c)

    7. Look up the amount on line 6 above in the Earned Income Credit Table on pages 51-58 to find the credit. Be sure you use the correct column for your filing status and the number of children you have. Enter the credit here.

  • Continue To Decision (1)

    • Decision (1)

    Is line 7 zero?

  • IF Yes Continue To Process (d)
  • IF No Continue To Process (e)

    • Process (d)

    STOP. You cannot take the credit. Enter No on the dotted line next to line 66a.

  • Continue To End

    • Process (e)

    8. Enter the amount from Form 1040, line 38.

  • Continue To Decision (2)

    • Decision (2)

    9. Are the amounts on lines 8 and 6 the same?

  • IF Yes Continue To Process (f)
  • IF No Continue To Process (g)

    • Process (f)

    Skip line 10; enter the amount from line 7 on line 11.

  • Continue To Process(k)

    • Process (g)

    Part 6--Filers Who Answered No on Line 9

  • Continue To Decision (3)

    • Decision (3)

    Do you have any qualifying children?

  • IF Yes Continue To Decision (4)
  • IF No Continue To Decision (5)

    • Decision (4)

    Is the amount on line 8 less than $15,400 ($17,400 if married filing jointly)?

  • IF Yes Continue To Process (g)
  • IF No Continue To Process (h)

    • Decision (5)

    Is the amount on line 8 less than $7,000 ($9,000 if married filing jointly)?

  • IF Yes Continue To Process (h)
  • IF No Continue To Process (i)

    • Process (h)

    Leave line 10 blank; enter the amount from line 7 on line 11.

  • Continue To Process (k)

    • Process (i)

    Look up the amount on line 8 in the Earned Income Credit Table on pages 51-58 to find the credit. Be sure you use the correct column for your filing status and the number of children you have. Enter the credit here.

  • Continue To Process (j)

    • Process (j)

    Look at the amounts on line 10 and 7. Then, enter the smaller amount on line 11.

  • Continue To Process (k)

    • Process (k)

    Part 7: Your Earned Income Credit. 11. This is your earned income credit. Enter this amount on Form 1040, line 66a.

  • Continue To Process (l)

    • Process (l)

    Reminder--If you have a qualifying child, complete and attach Schedule Earned Income Credit. CAUTION! If your Earned Income Credit for a year after 1996 was reduced or disallowed, see page 47 to find out if you must file Form 8862 to take the credit for 2007.

  • Continue To End

    • End

    This is the ending of the flowchart.

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