I've revisited this section multiple times in TurboTax, and reread all the requirements a dozen times, and I can't find any possible reason TurboTax isn't giving me the credit. I received it last year, TurboTax says it looks like I should be eligible, but after answering the questions it gives me $0 of credit.
- I received EIC last year
- I have income from a job
- I'm single with no children and have Adjusted Gross Income and Earned Income of less than $15,270
- I'm a US Citizen
- I have a SSN
- I have no investment income
You'll need to sign in or create an account to connect with an expert.
What about your age? If you're not claiming a qualifying child:
I can confirm I am filing as single, was born after 1954 and before 1993, and am NOT claimed as a dependent or qualifying child on anyone else's return.
I popped all your information into the IRS EIC tool and it stated you are eligible for EIC.
However, I further entered '$15,000' as the income and it only yields $19 for EIC. At $15,250, there is no EIC credit provided.
so is it that you are not getting ANYTHING or it's you're getting very little?
how close is your income to $15,270? is that the issue?
I am receiving an EIC of $0. Turbotax says "it looks like you're eligible for EIC" but then still gives me $0.
I have wages and salaries of less than $10k and a sole proprietor business with losses greater than my wages so I'm at a net loss for the year, and I don't think any part of my return shows anything close to $15k of income.
Could it be a glitch in my Turbotax software? I make sure to install all the updates every time the program loads.
SIDE NOTE: It's getting marked as spam, but I keep trying to also post that I have an electric vehicle and should be receiving a $7500 credit, but it's only applying a portion of it to my business. On the personal portion it says I get $0 of the credit likely due to other credits and taxes.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
arobinson354750
New Member
Ol_Stever
Level 2
mikies08
Returning Member
cdwal
New Member
in Education
grayerink
New Member