EIC AND ITINS

Just did !! Thank you !!

IT DOESN'T ERASE THE 3RD KID.  IS JUST THE EIC GOES AWAY ,,,

the 3th kid dose not qualify for the EITC  but dose not disqualify  the other 2 kids any one with the ITIN number do not qualify for the EITC,

Don't hurt yourself pulling out those tusks.

Be constructive and provide some meaningful advise. Don't waste your time putting others down in order to feel better about yourself.

Sorry aryisurero, but it doesn't appear that you followed your own advice by posting that... Are you related to Mount Juliet?

No He is your twin brother IRMN

There is a slight resemblance, but I don't have that nice of a smile.

Thank you for your response. 

I have a couple with good socials and two kids with good socials.  However, they just acquired legal custody of  a THIRD child that has an ITIN.  My concern is that I always understood that EVERYONE in the tax return must have good social and that the third child may disqualify them for the entire EIC ...??

I don't know if you read my latest post but it is worth trying to solve it with the exact scenario you are describing. Trust me, it will be a good learning experience and a good tool for the future.

Thank you for your response Maria ... Are u sure about your answer ?? I understood that only if the taxpayer or the spouse has ITIN then they lose the credit ?  And the IRS Pub. is not very clear about that.  I have a couple with good socials, two dependents qualifying for EIC but a third child with an ITIN ?  My concern is if that third child will disqualify them for the entire EIC ?

I don't mean to create controversy but  the rule states only that any parents with an ITIN disqualifies the entire return for EITC. One way you can experiment with this is to create the scenario with Proseries and just mark the child with the ITIN as a non-qualifying person. I have been preparing returns for over 20 years and returns that include EITC since the inception of the ITIN program and I am pretty certain of the advise I am providing.

Publication 596 Earned Income Credit (EIC) page 17-18

Social security number. Your qualifying child must have a valid social security
number (SSN), unless the child was born and died in 2010 and you attach to your return a copy of the child’s birth certificate, death certificate, or hospital records showing a live birth.You cannot claim the EIC on the basis of a qualifying child if:
1. Your qualifying child’s SSN is missing from your tax return or is incorrect,
2. Your qualifying child’s social security card says “Not valid for employment” and was
issued for use in getting a federally funded benefit, or
3. Instead of an SSN, your qualifying child has:
a. An individual taxpayer identification number (ITIN), which is issued to a
noncitizen who cannot get an SSN, or
b. An adoption taxpayer identification number (ATIN), issued to adopting parents
who cannot get an SSN for the child being adopted until the adoption is final.
If you have more than one qualifying child and only one has a valid SSN, you can claim
the EIC only on the basis of that child. For more information about SSNs, see Rule 2.