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New Member
posted Feb 7, 2023 8:21:30 AM

I was paid 2 times after I quit my job. I reimbursed my former employer after it happened. These 2 paychecks have made me ineligible for certain credits. What can I do?

I am not eligible for the Earned Income Credit because I am now $450 over the maximum income. I was paid $766.75 twice after I quit. I notified former employer of the mistake and sent two checks back to him. What am I supposed to do?

0 2 341
2 Replies
Level 15
Feb 7, 2023 8:25:10 AM

Your employer must issue a corrected W-2.

 

Also note, as your income approaches the EIC limit, your EIC is reduced on a 1 for 3 basis.  So if you are $1000 under the EIC limit after correction, your EIC would be $333 (approximately). 

New Member
Feb 9, 2023 7:58:13 PM

Thanks. I realized I would have only been credited $290 so I left it as is. Thank you.