EIC

Forum|Forum|4 years ago
March 10, 2022
1 reply
4 views

In Turbotax deluxe my federal return credited me $0 for EIC, but my state return (Maryland) credited me 50% ($530) of my supposed $1060 federal EIC which shows zero. Am I really eligible for the Maryland EIC credit? If I am, why does the federal return show $0 EIC...and if not, why is it transferring an incorrect value between my federal and state return?

ThomasM125

Level 15

You need to make sure you are not seeing an earned income tax credit (EIC) on your federal return. You may be looking at a summary report that is not correct. You should look on line 27(a) on your form 1040 to verify that there is no EIC on your federal return.

You can view your form 1040 while working in the online version of TurboTax by following these steps:

While working on your return in the Federal section of TurboTax:

1. Choose the Tax Tools icon on your left menu bar

2. Tools

3. View Tax Summary

4. Choose the Preview my 1040 on your left menu bar

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ewm88Author

Level 2

Thank you. I selected "Forms" versus "Easy Step" in the left hand corner and line 27a of the 1040 showed $0 for my federal return...yet my Maryland return is still crediting me 50% ($530) of my supposed federal EIC.

MaryK4

Level 15

The Earned Income Tax Credit (EITC) is a benefit for working people with low to moderate income. If you qualify for the federal earned income tax credit and claim it on your federal return, you may be entitled to a Maryland earned income tax credit on the state return equal to 50% of the federal tax credit.

We'd like to take a deeper look at your specific situation. Please follow the steps below to get a token number. This token number gives us your tax file with all your personal information removed

TurboTax Online:
Click Tax Tools in the menu to the left.
Click Tools, and then
Click Share my file with Agent.
A pop-up message will appear. Click OK to send the sanitized diagnostic copy to us.

Provide the token number that is generated onto this thread.

@ewm88

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