SUB PAY

[terry]

Is supplemental unemployment benefit fund pay reported in Box 1 W-2 eligible for EIC, CTC & Sch M? Thanks in advance!

[grandmabee]

Is supplemental unemployment benefit fund pay reported in Box 1 W-2 eligible for EIC, CTC & Sch M? Thanks in advance!

I think anything reported in box 1 of W-2 is eligible

[Ray in Ohio]

I think anything reported in box 1 of W-2 is eligible

I agree... the worksheet asks for the amount from 1040 line 7.

[terry]

I agree... the worksheet asks for the amount from 1040 line 7.

Thank-you, I wasnt sure if this was considered earned income. No other wages, just unemployment along with sub pay.

[kcjenkins]

It's 'earned income' because you earned the right to receive it by working, even tho it's only paid after you are laid off. That is why it's reported to you on a W-2.