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Deductions & credits
@macuser_22, Thank you for all the references for the Earned Income Tax Credit. I appreciate your detailed approach.
Even after reading the resources, the main unaswered question that I am concerned about, however, is that my total income is higher than the AGI income limit for EITC. TurboTax seems to think I am entitled to EITC even though I have significant nontaxable income. Does the fact that my total income is higher than the EITC AGI limit not disqualify me for EITC?
Obviously, Turbo Tax takes into account only the part of my income that is included in AGI, but it just seems wrong to be eligible for EITC if I have a total income (including the non-taxable disability income) that is higher than the AGI limit for EITC. Yes, technically, my AGI is below the EITC limit, but considering that EITC is intended for "low-income" workers, should I really be eligible for EITC with a total income that is higher than the AGI limit?
Thank you in advance for any guidance or references to this question.