Greta
Level 9
10-27-2021
07:53 PM
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If taxable, will this mess with the new-and-improved earned income credit?
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BobKamman
Level 15
10-27-2021
08:11 PM
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For now, yes. It might be changed with legislation this year, or maybe by March of next year. You just never know. And since EIC depends on AGI, it makes a difference.
TaxGuyBill
Level 15
10-27-2021
08:40 PM
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@BobKamman wrote:
or maybe by March of next year.
You must be an optimist. 🙂 With as incompetent as Congress is, I think March is being optimistic.