turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

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

Jp200
New Member

TurboTax miscalculated my EIC

Checked the status of my return and it is $4000 less than what was stated by TurboTax. The notice says I miscalculated the EIC. I typed in all the numbers correctly so I don’t understand why the amount changed by so much. Very disappointed in TurboTax for miscalculating now I’m worried my taxes have been filed wrong all these years. 

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.

3 Replies
DMarkM1
Expert Alumni

TurboTax miscalculated my EIC

Since you received a notice with changes to your return you should visit this page to take advantage of the TurboTax Audit Support program.  You should have one of the experts take a look at your notice and return with you and help explain the next steps. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

TurboTax miscalculated my EIC

Turbo Tax says I do not qualifty for the eitc.  I have less than 57,414 in earned income and less than 10,000 in investment income.  Social Security payments are not considered earned income.   I am married and filing a joint return.  I should qualify for the eitc.  Why does Turbo Tax say no?

AmyC
Expert Alumni

TurboTax miscalculated my EIC

The income goes with the number of children. For MFJ with no children, the income limit is $27,380. See the IRS chart here.

 

@ralbrutah1

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question