I own a cleaning business with gross income about $12000 in 2023, and I turned 65 in 2023. I just did my 2023 income tax using Turbotax Home and Business (I use this every year), and it generated a form 1040-SR (for seniors). I have always qualified for Earned Income Credit based on my low income but this time for 2023 return I did not qualify. However, I searched online and found that as of Jan 2022 the rules changed so that low-income seniors without dependents may now qualify for EIC, but I have not been able to find details on how to claim that - since Turbotax did not automatically search for that condition and apply to me.
Instead of calling IRS to find out, which I know could be a long hold time on the phone, I decided to ask this community forum if anyone knows if this rule change is true, and if it is, how can I apply for it.
Thank you!!!
