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New Member
posted Jun 7, 2019 6:06:48 PM

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?

0 2 753
2 Replies
Level 15
Jun 7, 2019 6:06:50 PM

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.

Level 15
Jun 8, 2019 8:06:04 AM

DO NOT OVERRIDE TURBOTAX ENTRIES

 

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