QUESTION DETAIL
Related User
Votes
Does rolling a 401(k) into a roth IRA disqualify an individual from the earned income credit if their actual earnings are within the income window?
ANSWER
The BIDaWIZ Team's Answer:
No, earned income only includes all the taxable income and wages you get from working or from certain disability payments. Earned income does not include retirement, pay received for work while an inmate in a penal institution, interest and dividends, social security, unemployment benefits, alimony or child support as referenced in IRS Publication 596.