You'll need to sign in or create an account to connect with an expert.
Self employed income would count. If you only have losses, and no other income, you would fail to meet the limits. The numbers vary based on your situation and children.
By answering questions and providing basic income information, you can use our EITC Assistant to:
We have the EITC Assistant in English and Versión en Español. We also have versions for the current tax year and for prior years.
Make sure you use the right assistant. Income limits and credit amounts change from year to year.
Self employed income would count. If you only have losses, and no other income, you would fail to meet the limits. The numbers vary based on your situation and children.
By answering questions and providing basic income information, you can use our EITC Assistant to:
We have the EITC Assistant in English and Versión en Español. We also have versions for the current tax year and for prior years.
Make sure you use the right assistant. Income limits and credit amounts change from year to year.
In my case, my wife and I have have negative earned income as my businesses losses are greater than my income earned from standard W-2 wages. However, since I did have earned income through my wages, would I still qualify for EIC or do the business losses cause me to lose it?
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
cwatson303
New Member
embedded_guy
Level 2
dresiap
New Member
MAH23
New Member
pxyspring
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.