Earned Income Credit

If my business sustained a net loss, does that preclude me from receiving an Earned Income Credit?

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Earned Income Credit

Yes. If your only income is from your business or your loss lowers your other earned income to the point that you no longer qualify, then you are not eligible for the credit.

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Earned Income Credit

Yes. If your only income is from your business or your loss lowers your other earned income to the point that you no longer qualify, then you are not eligible for the credit.

Earned Income Credit

Thanks for the info! 👍

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