Qualifying Wage for EIC Has Increased

With the American Recovery and Reinvestment Act of 2009, the adjusted gross income for taxpayers Married Filing Jointly has increased from $38,583 to $40,463.

Form W-5 will not change, but the instructions have been revised.  See Item 3 under Who Is Eligible To Get Advance EIC Payments on page 1, and question 3 on page 2 for the lines that change.

For additional information visit go to:
http://www.irs.gov/pub/irs-pdf/fw5.pdf

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