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eyethamma
New Member

Why does being a student for more than 5 months of the year disqualify me from receiving an EIC credit?

When I begin the questionnaire on EIC I get excluded from receiving the $1,502 credit based on answering yes to the question on whether I was a full time student for at least 5 months in 2021. The IRS does not mention this as a disqualification criteria and other tax software does not ask this question or take it away. Is this correct?
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4 Replies

Why does being a student for more than 5 months of the year disqualify me from receiving an EIC credit?

Are you still a dependent on your parent's return?

Why does being a student for more than 5 months of the year disqualify me from receiving an EIC credit?

And see this FAQ. the last sentence if you don't have a child........

https://ttlc.intuit.com/community/credits-and-deductions/help/what-are-the-qualifications-for-the-ea... 

Why does being a student for more than 5 months of the year disqualify me from receiving an EIC credit?

If you are a dependent on someone else's tax return, that is what is disqualifying you from getting EIC---not the fact that you are a student.

 

https://ttlc.intuit.com/questions/1899157-what-are-the-qualifications-for-the-earned-income-credit-e...

https://www.irs.gov/credits-deductions/individuals/earned-income-tax-credit/use-the-eitc-assistant

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

Why does being a student for more than 5 months of the year disqualify me from receiving an EIC credit?

How old are  you?  See IRS pub 596 rule 11

https://www.irs.gov/pub/irs-pdf/p596.pdf 

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