@cox7862 wrote:
Thanks yes again by not taking the deduction I have higher earned Income thus resulting In better eic, and head of household giving me higher return
Here's an FAQ that applies,
I know taxpayers need to report all income, but what about expenses? What if the client doesn't want...
Revenue Ruling 56-407 PDF, 1956-2 C.B. 564, held that under IRC § 1402(a), every taxpayer (with the exception of certain farm operators) must claim all allowable deductions in computing net earnings from self-employment for self-employment tax purposes. Because earned income for EITC must include net earnings from self-employment under IRC § 1402(a), the ruling applies equally to the EITC.
