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
Ask the Experts Last Minute Biz Tax Moves! >> Event happening TODAY!!!!
Close icon
Do you have a TurboTax Online account?

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

gotme7
New Member

The program is including my ordinary income from my s-corp (k-1) in my total earned income, which is lowering my EIC. Can I override/edit this manually?

 
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.

2 Replies

The program is including my ordinary income from my s-corp (k-1) in my total earned income, which is lowering my EIC. Can I override/edit this manually?

Keep in mind that EIC is calculated two ways: (1) based on earned income, and (2) based on AGI.

You then get the lower of the two.

The program is including my ordinary income from my s-corp (k-1) in my total earned income, which is lowering my EIC. Can I override/edit this manually?

DO NOT OVERRIDE TURBOTAX ENTRIES

 

that would invalidate the TT  guarantee of accurate returns and presumes you know more than the experts! 

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies