Hal_Al
Level 15

Deductions & credits

Q. So is my investment income  $4000-$3000 = $1000 or does it remain $4000 and I do not get any EIC? 

A. Simple answer: it remains $4000 and you do not qualify for EIC

 

Line 5 of the referenced worksheet says "Enter the amount from Form 1040 or 1040-SR, line 6. If the amount on that line is a loss, enter -0-