Lastly, according to the IRS, "Earned income does not include amounts such as pensions and annuities, welfare benefits, unemployment compensation, worker's comp...
I'm not confused, I have a BS in Accounting and I worked as a tax preparer. EITC use to be based on earned income or AGI, whichever is higher. But that has chan...
According to the Congressional Research Service, "The amount of the credit a taxpayer receives is based on the prior year's earned income and family composition...
Her name was Ursula G. So the Enrolled Agent who have higher experience than you is wrong? If there was an option to attach the screenshot to this reply, I woul...
I just spoke to an Enrolled Agent at TurboTax, today, who mentioned the EITC should have be based on earned income for 2019. Ihave the screenshot of the live ch...
