turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

We own a rental property which we actively manage and I have a small part time business. Does the income from these businesses qualify for me to file for EIC?

total income from the businesses is about $4K

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
Coleen3
Intuit Alumni

We own a rental property which we actively manage and I have a small part time business. Does the income from these businesses qualify for me to file for EIC?

The rental property is considered passive income and will not qualify you for EIC. Income from a sole-proprietorship will.

View solution in original post

1 Reply
Coleen3
Intuit Alumni

We own a rental property which we actively manage and I have a small part time business. Does the income from these businesses qualify for me to file for EIC?

The rental property is considered passive income and will not qualify you for EIC. Income from a sole-proprietorship will.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question