AnhNgoc
Level 4
03-08-2021
01:37 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
California form 540: married filing joint with 1 child under 6 years old
Earned Income: $4,496
Unemployment Benefit: $25,500
=> Federal AGI: $29,996
Pro Series calculate:
- Earned Income Credit $1
- Young Child Tax Credit $1,000
=> Total refund: $1,001
But Franchise Tax Board send out a letter for taxpayer with Explanation of Change:
- We disallowed your Earned Income Tax Credit because your federal adjusted Gross income exceeds the limit for your number of qualifying children (CODE:AP)
- We disallowed your Young Child Tax Credit because you did not qualify for Earned Income Tax Credit (CODE:HQ)
So what I have to do in this situation?
Thanks.
Best Answer Click here
Labels