EIC

Forum|Forum|1 year ago
March 25, 2025
3 replies
7 views

AGI $18547 (includes 8375 of bus income), IRS says I qualify for EIC, turbo say I don't. I'm filing "S", no dependents.

xmasbaby0

Level 15

https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-credits-deductions/qualifications-earned-income-credit-eic-eitc/L7w4BFP32_US_en_US?uid=m62rmz09

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

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

**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.**

SharonD007

Level 14

The EITC is based on the income you earned working in 2024, not your AGI. ‌See the link “What is earned income?” to determine what's included in your earned income. You indicate that your gross income is $91,561 which exceeds the criteria for earned income if that amount is your earned income.

In addition to having earned income, you must meet other criteria to qualify for the EIC:

Be a U.S. citizen or resident alien for the entire year.
Have a valid Social Security number for yourself, your spouse (if Married Filing Jointly), and any children that qualify you on your tax return.
Not file Form 2555 or 2555-EZ (Foreign Earned Income).
Meet certain rules if you are married but are separated from your spouse and filing separate tax returns.
Have investment income below $11,600.
Your income must be less than $66,819 if you're MFJ ( $59,899 if you file Single, Head of Household, or Qualifying Surviving Spouse).
If you don’t have dependents, be over 25 and under 65.
Not qualify as a dependent for another taxpayer.

For more information, review the TurboTax articles What is the Earned Income Credit? Find Out If You Qualify and Why don't I qualify for EIC?

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stuckdoingtaxes1Author

Level 2

Thank you for the various links. fed EIC is on a sliding scale based on AGI, so good with fed. CA worksheet shows I would receive a credit for $200 yet turbo says I don't qualify. Is there a place that can tell me why I don't qualify? Is CA on a sliding scale too? AGI is $18547, earned income is $10162.

DawnC

Level 15

Go back through the CA earned income credit interview screens; you may have skipped over a question. To qualify for CalEITC you must meet all of the following requirements during the tax year:

You’re at least 18 years old or have a qualifying child
Have earned income of at least $1 and not more than $31,950
Have a valid Social Security Number or Individual Taxpayer Identification Number (ITIN) for you, your spouse/RDP, and any qualifying children
Live in California for more than half the filing year
Not be eligible to be claimed as a qualifying child of another taxpayer
Not be eligible to be claimed as a dependent of another taxpayer unless you have a qualifying child

Visit CA's CalEITC homepage to learn more about this and related credits, access detailed eligibility and credit information, and use their EITC calculator to estimate your credit.