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Tax help for military filers
Yes @PattiF as previously stated, I did all of those steps multiple times however the program still continues to show that my EIC is based on the information on my W-2 not my adjusted income once my severance check has been deducted. Which is why I asked whether or not that's a turbo tax program issue or if that's just what I'm getting back
I.E.
W-2 says 49K taxable income.
Severance check= 21K
Actual taxable income=27K
EIC(Earned income credit) not adjusting in the program for the change in taxable income. My question is whether or not the IRS is going to fix that or if the numbers Turbo Tax is giving me as a refund is final?
‎January 26, 2021
7:27 PM