CAN EARNED INCOME CREDIT BE SUPRESSED?

Forum|Forum|6 years ago
March 29, 2020
7 replies
35 views

CALCULATING A $7 EIC. I RATHER NOT TAKE IT AND DO THE CERTIFICATIONS FOR $7. HOW TO SUPPRESS IT WITHOUT UGLY OVERRIDES? THANKS! ERIC

ProSeries Professional

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T

Terry53029

Intuit Community Champion

You could check the box on the federal info worksheet, that he is qualifying child for another taxpayer. But I would inform client why you are not claiming the EIC, and maybe discount fee by $7. I would also make note in file

IRonMaN

Level 15

I would round up that discount to $10 😁

Slava Ukraini!

itonewbie

Level 15

But if you've done your due d, which you should with all of the returns you prepare regardless of whether certification is required, what's the harm in claiming the EIC.

And if you don't feel that certain information your client provided is up to snuff, shouldn't the focus be on documentation?

Lastly, if you feel that your client may not be honest altogether, it may be time to disengage.

---------------------------------------------------------------------------------Still an AllStar

ERIC J 11Author

Level 4

EIC just by its nature has been rumored to increase odds of IRS audit. For a $7 credit that is really my main motivation. Thanks

IRonMaN

Level 15

An audit for a potential $7 change?

Slava Ukraini!

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