The government has an estimator that you can use to determine eligibility. Enter the year you’re interested in (2015, 2016) and the information requested. Reminder: the credit applies only for 2 consecutive years so if you claim it in 2014 and 2015, you can’t in 2016.
Find all my radio interviews on wsRadio.com and live stream the radio show each 3rd Tuesday of the month from 12pm to 1pm ET. Hear my recent radio interviews with Ramon Ray, Publisher of Smart Hustle Magazine, and Marty Zwilling, Founder of Startup Professionals, Inc.