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Get your taxes done using TurboTax
@DawnC Ah, thank you so much! So I was reviewing the IRS site (https://www.irs.gov/credits-deductions/individuals/earned-income-tax-credit/who-qualifies-for-the-ea...)
And ....how come it states:
Basic Qualifying Rules
To qualify for the EITC, you must:
- Have worked and earned income under $57,414
- Have investment income below $10,000 in the tax year 2021
- Have a valid Social Security number by the due date of your 2021 return (including extensions)
- Be a U.S. citizen or a resident alien all year
- Not file Form 2555 (related to foreign earned income)
So is the first bullet point above....not the same thing as the earned income that you were mentioning? how come on the IRS site it states "$57,414"?
So basically on my sister's W-2, her Box 1 cannot exceed the $21,430? Or $57,414?
I really appreciate your help!!
‎February 16, 2022
9:21 PM