No. Your business loss with your W2 income gives you a negative Adjusted Gross Income. This will not allow you to get the Earned Income Credit.
If you overide a worksheet, there may be some complications. In fact, overriding may invalidate our 100% Accurate Calculations Guarantee. Additionally, returns that contain overrides cannot be e-filed.
One way to find out is to use the IRS Earned Income Tax Credit (EITC) Assistant. It will ask all of the appropriate questions.
No. Your business loss with your W2 income gives you a negative Adjusted Gross Income. This will not allow you to get the Earned Income Credit.
If you overide a worksheet, there may be some complications. In fact, overriding may invalidate our 100% Accurate Calculations Guarantee. Additionally, returns that contain overrides cannot be e-filed.
One way to find out is to use the IRS Earned Income Tax Credit (EITC) Assistant. It will ask all of the appropriate questions.
I checked all my inputs and everything is accurate. And EIC workshet showed disqualified from EIC. I don't know what should I do at this point?
I am sorry, I am going to have to edit this answer. I am incorrect. The IRS considers your loss with your W2 income to give an AGI of -$85,00. You are not qualified.