mcateryan
Level 1

Hello, community.

I haven't been able to confirm the following on Publication 596, which describes the Earned Income Credit.

What number do I enter for an SE (self-employed) individual that qualifies for the Earned Income Credit?

They are not a member of clergy and did not receive any unemployment income, etc. Just self-employment income.

Which line from Schedule C is entered in? Line 31, Net Profit/Loss from SE activities. Is this the figure?

OR 

Is the earned income credit figured from Schedule 1, Lines 3 and 14? LIne 3 is the same figure from Schedule C, Line 31 LESS Schedule 1, Line 14, which is the deductible portion of the SE tax?

Therefore, do I use net profit loss from Schedule C or subtract the SE tax to configure the EIC credit?

Thank you!

0 Cheers