I have a bare land renting out in my home country. I own the land directly which was inheritance after my mother passed away. The rent income was $6300 in 2019.
This income counts on Investing income, or not?
Turbo Tax shows I get $3060 EITC at the end after I entered the entire of my other information. I am very confused now because the IRS checklist says if you have " Investing income more then $3600 " you are not qualified for EITC. So, the point I want to know is that this rent income is investing income or not in the IRS definition.
Am I eligible to get EITC?
I want to make sure to not get into any trouble.
If this counts as investing income and I am not eligible for EITC, how can I fix it in TT software?
Any answer would be appreciated.
Thank you very much.
