Easy Earned Income Tax Credit Act of 2012

Easy Earned Income Tax Credit Act of 2012 - Requires the Secretary of the Treasury to: (1) modify income tax forms to incorporate information currently required on the separate earned income tax credit form (Form EIC), and (2) provide a notice on such forms and in the instructions for such forms that the Secretary will compute the taxpayer's earned income tax credit upon request.

Amends the Internal Revenue Code to allow a taxpayer to elect not to compute the amount of such taxpayer's earned income tax credit, in which case the Internal Revenue Service (IRS) shall compute such credit amount.

[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4421 Introduced in House (IH)]

112th CONGRESS
  2d Session
                                H. R. 4421

 To amend the Internal Revenue Code of 1986 to eliminate the separate 
  income tax return form for the earned income credit, to require the 
  information required by that form to be included on the appropriate 
income tax return forms, and to require the Internal Revenue Service to 
            compute the earned income credit for taxpayers.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             April 19, 2012

Ms. Brown of Florida introduced the following bill; which was referred 
                   to the Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
 To amend the Internal Revenue Code of 1986 to eliminate the separate 
  income tax return form for the earned income credit, to require the 
  information required by that form to be included on the appropriate 
income tax return forms, and to require the Internal Revenue Service to 
            compute the earned income credit for taxpayers.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Easy Earned Income Tax Credit Act of 
2012''.

SEC. 2. MODIFICATIONS TO THE REPORTING OF EARNED INCOME CREDIT 
              ELIGIBILITY INFORMATION; SECRETARY TO COMPUTE EARNED 
              INCOME CREDIT FOR TAXPAYERS.

    (a) In General.--The Secretary of the Treasury--
            (1) shall not require individuals to complete Form EIC or 
        any similar form requiring only the information required on 
        Form EIC,
            (2) shall modify the forms on which the credit allowable by 
        section 32 of the Internal Revenue Code of 1986 (relating to 
        earned income credit) may be claimed to require the inclusion 
        of the information required on Form EIC before the date of the 
        enactment of this Act, and
            (3) shall provide a notice on such forms and in the 
        instructions for such forms that such Secretary will compute 
        such credit at the taxpayer's request.
    (b) Election for Secretary To Compute Earned Income Credit.--
Section 32 of the Internal Revenue Code of 1986 is amended by adding at 
the end the following new subsection:
    ``(n) Election for Secretary To Compute Earned Income Credit.--A 
taxpayer who is eligible for the credit allowable by this section 
shall, at such taxpayer's election, not be required to compute such 
credit on any return of tax imposed by this chapter. In such case, the 
credit shall be computed by the Secretary who shall mail to the 
taxpayer a notice stating the amount of the credit determined by the 
Secretary. Such election shall be made by writing `EIC' on the line of 
the income tax return form where the amount of the earned income credit 
is otherwise to be shown.''.
    (c) Effective Date.--The section, and the amendment made by this 
section, shall apply to returns for taxable years beginning after 
December 31, 2012.
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