How Do You Get Advance Earned Income Credits With Each Paycheck?
Use this method to have advanced earned income divided up, and included in your weekly or bi-weekly paychecks. If you qualify for the Earned Income Credit you can receive a portion of the money in your paycheck just by filling out a form and turning it in to your employer. Most people choose to wait until the end of the year and have the entire lump sum given to us with our federal income tax refund. But, if you would rather have your earned income split up and administered to you throughout the year you can certainly do so. This is process is called advance earned income. First, you will need to download the Adobe Acrobat Reader. A link to this site and all other sites included in this article is listed below in the “RESOURCES” section. The form you will need to complete in order to get these advance earned income payments is the IRS form W5. Click on the IRS link below in order to recieve this form. Scroll down to page 2 on the W5 and answer all five of the questions to determine whe
