Jacob
Level 1

My client with 2 children has royalty($3,500) and rental income($3,000) from Trust K-1 and Wage ($15,000) I think she is not qualified for EIC because of investment income limit($3,500) for EIC. But Lacerte makes EIC for her. I checked the EIC work sheet doesn't count royalty income as investment income.

In K-1, Royalty income is in line 5 as other portfolio and nonbusiness income

As a result, please let me know how to input royalty income from K-1 to lacerte program as royalty income correctly. She is not qualified for EIC.......

Thank you for your help in advance

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