Vision Payroll

January 3, 2009

IRS Releases 2009 Form W-5

The Internal Revenue Service (IRS) recently released 2009 Form W-5, Earned Income Credit Advance Payment Certificate. There are four criteria for claiming advance earned income credit (EIC) payments.

  1. Taxpayer (and spouse if filing jointly) must have a valid social security number.
  2. Taxpayer (or spouse if filing jointly) must have at least one qualifying child and be able to claim the credit using that child.
  3. Taxpayer’s expected earned income and adjusted gross income must be less than $35,463 ($38,583 if filing jointly).
  4. Taxpayer must expect to claim the EIC for 2009.

Eligible taxpayers must file a new Form W-5 for 2009. The 2008 Form W-5 expired December 31, 2008. Contact Vision Payroll if you have any question on Form W-5.

2 Comments »

  1. need to download W-5 for 2011

    Comment by Phyllis Sigona — January 10, 2011 @ 11:13 am

  2. Form W-5 is obsolete for 2011. See information here.

    Comment by Vision — January 10, 2011 @ 6:29 pm

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