{"id":3860,"date":"2010-08-29T18:52:45","date_gmt":"2010-08-29T22:52:45","guid":{"rendered":"https:\/\/old.visionpayroll.com\/kb\/?p=3860"},"modified":"2010-10-21T16:01:45","modified_gmt":"2010-10-21T20:01:45","slug":"advance-earned-income-credit-is-repealed-starting-in-2011","status":"publish","type":"post","link":"https:\/\/old.visionpayroll.com\/kb\/2010\/08\/advance-earned-income-credit-is-repealed-starting-in-2011\/","title":{"rendered":"Advance Earned Income Credit Is Repealed Starting in 2011"},"content":{"rendered":"<div class=\"img alignright size-medium wp-image-3862\" style=\"width:220px;\">\r\n\t<a href=\"https:\/\/old.visionpayroll.com\/kb\/wp-content\/uploads\/2010\/08\/President_Official_Portrait_HiRes.jpg\"><img src=\"https:\/\/old.visionpayroll.com\/kb\/wp-content\/uploads\/2010\/08\/President_Official_Portrait_HiRes-220x300.jpg\" alt=\"President Barack Obama\" width=\"220\" height=\"300\" \/><\/a>\r\n\t<div>President Barack Obama<\/div>\r\n<\/div>President Barack Obama recently signed the <a href=\"https:\/\/old.visionpayroll.com\/kb\/wp-content\/uploads\/2010\/08\/HR-1586.pdf\" target=\"_blank\">Education Jobs and Medicaid Assistance Act of 2010 (HR 1586)<\/a> into law. As part of the legislation, the advance earned income credit, claimed by eligible employees by filing <a href=\"https:\/\/old.visionpayroll.com\/kb\/wp-content\/uploads\/2010\/01\/fw5-2010.pdf\" target=\"_blank\">2010 Form W-5, Earned Income Credit Advance Payment Certificate<\/a>, is repealed for 2011 and thereafter.<\/p>\n<p><strong>Non-Refundable Portion Still Available by Adjusting Withholding<a href=\"https:\/\/old.visionpayroll.com\/kb\/wp-content\/uploads\/2010\/08\/President_Official_Portrait_HiRes.jpg\"><\/a><\/strong><\/p>\n<p>Eligible taxpayers will be able to claim the refundable portion of their credit on their individual income tax returns and can claim the non-refundable portion either on their individual income tax returns or by adjusting their federal income tax withholding on <a href=\"https:\/\/old.visionpayroll.com\/kb\/wp-content\/uploads\/2009\/12\/fw4.pdf\" target=\"_blank\">Form W-4, Employee\u2019s Withholding Allowance Certificate<\/a> or its Spanish equivalent, 2010 <a href=\"https:\/\/old.visionpayroll.com\/kb\/wp-content\/uploads\/2010\/05\/fw4sp.pdf\" target=\"_blank\">Formulario W-4(SP), Certificado de Exenci\u00f3n de la Retenci\u00f3n del Empleado<\/a>.<\/p>\n<p>Contact <a href=\"mailto:info@visionpayroll.com\" target=\"_blank\">Vision Payroll<\/a> if you have further questions on the advance earned income credit.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Barack Obama President Barack Obama recently signed the Education Jobs and Medicaid Assistance Act of 2010 (HR 1586) into law. As part of the legislation, the advance earned income credit, claimed by eligible employees by filing 2010 Form W-5, Earned Income Credit Advance Payment Certificate, is repealed for 2011 and thereafter. Non-Refundable Portion Still [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[660,687,1345,649,234,686,901,1346],"_links":{"self":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts\/3860"}],"collection":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/comments?post=3860"}],"version-history":[{"count":6,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts\/3860\/revisions"}],"predecessor-version":[{"id":4258,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/posts\/3860\/revisions\/4258"}],"wp:attachment":[{"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/media?parent=3860"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/categories?post=3860"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/old.visionpayroll.com\/kb\/wp-json\/wp\/v2\/tags?post=3860"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}