Thanks Victoria.. though the EIC info says the following which I meet.. the issue is that TurboTax excludes EIC ONLY when I enter my stock trades which were approx 2 transactions which EACH resulted in separate losses. The Total for the 2 transactions was a loss of 2,095. (-$2,095) With zero net income from the stock, Turbo Tax is disqualifying claiming EIC when I clearly meet all EIC requirements.
What am I missing?
What are the qualifications for the Earned Income Credit (EIC or EITC)?
To qualify for and claim the Earned Income Credit you must:
- Have earned income; and
- Have been a U.S. citizen or resident alien for the entire tax year; and
- Have a valid Social Security number (not an ITIN) for yourself, your spouse (if filing jointly), and any qualifying children on your return; and
- Not have investment income exceeding $3,600; and
- Not be filing a Form 2555 or 2555-EZ; and
- File a return with the Single, Married Filing Jointly, Head of Household, or Qualifying Widower filing status, even if you're not required to file a return.
