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Jessamine County Net Profit License Fee Return Form

Jessamine County Net Profit License Fee Return Form

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Instructions and help about jessamine county occupational tax

all right for this video I want to go over a sample earned income credit calculation for a single filing taxpayer in 2023 so in this example we've got Frank taxpayer here he is a single filing taxpayer full-time resident of Florida and Frank is not an employee of a company he runs his own business and that business is a single member LLC a disregarded LLC so he is a sole proprietor for tax purposes and he reports everything on schedule C so we'll have a look at the net profits from his schedule C Business and how he can calculate some of that earned income credit now we've also got the publication 596 here for the earned income credit and this is helpful because it contains a lot of rules uh and worksheets and it also has the EIC tables where we look up the amount of credit available to US based on our earned income and then lastly here I've got one slide covering some background on the earned income credit and then more details on the fact pattern that

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