bww25
Returning Member

Deductions & credits

Earned income credit is defined by the IRS but TT telling me to use Line 7 of the 1040 makes me uncertain what is included in "earned income."  I have a single-member S-corp and my accountant has deemed it better to pass through those funds on a K-1.  I do not get it as W-2 income.  So clearly, I earned it but does the IRS allow it for the EIC when received in this manner.