Form 8862, Information to Claim Earned Income Credit After Disallowance

Form 8862, “Information to Claim Earned Income Credit After Disallowance,” is an IRS document required for taxpayers who previously had their Earned Income Tax Credit (EITC) denied or reduced. Key points include:

1. Must be filed with tax return to reclaim EITC

2. Required if EITC was denied/reduced for reasons other than math or clerical errors

3. Helps determine if the taxpayer now qualifies for the credit

4. Includes questions about:

   – Income and dependents

   – Reasons for previous disallowance

   – Changes in circumstances

5. Failure to file when required can result in EITC claim rejection

This form is part of the IRS’s efforts to prevent improper EITC claims. It allows taxpayers to demonstrate that they now meet eligibility requirements. Filing Form 8862 doesn’t guarantee EITC approval, but it’s a necessary step in reclaiming the credit. Taxpayers should carefully complete this form and provide accurate information to avoid further complications with their EITC claim.