Credit Limit Worksheet B
Tax Tables Complete the Earned Income Worksheet, later, in these instructions. 1040 and 1040-SR filers. Complete line 27a; Schedule 2, lines 5, 6, and 13; and Schedule 3, line 11 of your return if they apply to you. 1040-NR filers. Complete Schedule 2, lines 5, 6, and 13; and Schedule 3, line 11 of your return if they apply to you. Caution. Use this worksheet only if you meet each of the items discussed under line 3 of Credit Limit Worksheet A, including that you are not filing Form 2555 .
1. Enter the amount from Schedule 8812, line 12 1. _____ 2. Number of qualifying children under age 17 with the required social security number: ____ × $1,700. Enter the result 2. _____ TIP: The number of children you use for this line is the same as the number of children you used for line 4 of Schedule 8812. 3. Enter your earned income from line 7 of the Earned Income Worksheet 3. _____ 4. Is the amount on line 3 more than $2,500? 4. _____ ❑ No. Leave line 4 blank, enter -0- on line 5, and go to line 6. ❑ Yes. Subtract $2,500 from the amount on line 3. Enter the result. 5. Multiply the amount on line 4 by 15% (0.15) and enter the result 5. _____ 6. On line 2 of this worksheet, is the amount $5,100 or more? ❑ No. If you are a bona fide resident of Puerto Rico and line 5 above is less than line 1 above, go to line 7. Otherwise, leave lines 7 through 10 blank, enter -0- on line 11, and go to line 12. ❑ Yes. If line 5 above is equal to or more than line 1 above, leave lines 7 through 10 blank, enter -0- on line 11, and go to line 12. Otherwise, go to line 7. 7. *If your employer withheld or you paid Additional Medicare Tax or Tier 1 RRTA taxes, use the Additional Medicare Tax and RRTA Tax Worksheet to figure the amount to enter; otherwise enter the following amounts. 7. _____ Social security tax withheld from Form(s) W-2, box 4, and Puerto Rico Form(s) 499R-2/W-2PR, box 21, and Medicare tax withheld from Form(s) W-2, box 6, and Puerto Rico Form(s) 499R-2/W-2PR, box 23. 8. *Enter the total of any amounts from — Schedule 1 , line 15; Schedule 2 , line 5; Schedule 2 , line 6; and Schedule 2 , line 13. 8. _____ 9. Add lines 7 and 8. Enter the total 9. _____