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CA EITC
it looks like CA has a limit on investment income of $4674 to be eligible for EIC. I finally got into a worksheet and it stops me at the investment income section. AGI is $18547 made up of Earned income $10162 and Additional income (from Schedule 1 $8385 rental income) called investment income. This investment income appears to be capped, therefore not eligible for CA EITC.
This is the only thing that I'm finding, sounds right?
March 26, 2025
9:40 PM