Level 5

Question

EIC

Forum|Forum|4 years ago
February 17, 2022
4 replies
0 views

client 69 years old, single

W2 $12,648

Social Security income $16,122. no other income or investment

Is she entitled to claim EIC.? The program does not calculate it. I am a little confused with the AGE requirements being changed due to COVID 2020 & 2021.

It is because she is over 65 that she is not entitled? I have been searching but all I see is the beginning age, but not 65 or over.

Please help.

ProSeries Professional

This topic has been closed for replies.

dkh

Level 15

2021 no age limit

EDIT: no longer age 65 limit

T

TaxGuyBill

Level 15

Have you gone through the error check?

Make sure you didn't accidentally check some wrong boxes about the taxpayer, such as being a dependent, living outside of the US, or being a qualifying person of another person for EIC.

J

janineAuthor

Level 5

Thank you. I had indeed checked no to the questions if client had lived in the US for more than 6 months.

Problem solved. Thank you.

qbteachmt

Level 15

Look here:

https://www.irs.gov/credits-deductions/individuals/earned-income-tax-credit/earned-income-and-earned-income-tax-credit-eitc-tables

That's how to check what should be computing.

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E

evan1

Level 3

IRS Assistant asks you to show full Social Security Income but instructions say AGI from line 11. With full Social Security client is not eligible but none of her Social Security is taxable. Which is it?

qbteachmt

Level 15

"With full Social Security client is not eligible but none of her Social Security is taxable."

You might be mixing provisions.

"Which is it?"

Did you follow that link to the IRS? They know everything.

"Earned income does not include:

Pay you got for work when you were an inmate in a penal institution
Interest and dividends
Pensions or annuities
Social Security
Unemployment benefits
Alimony
Child support"

*******************************Don't yell at us; we're volunteers

sjrcpa

Level 15

If there is no earned income, how could she get the earned income credit?

The more I know the more I don’t know.

qbteachmt

Level 15

"ProSeries Basic is allowing the EIC not including the Social Security in Maximum income calculation."

Did you go to the link provided earlier and follow how the IRS provides for this?

"If there is no earned income, how could she get the earned income credit?"

Perhaps electing to use 2019?

If you doubt the program, you research it to understand it. Perhaps, as with this topic originally, you marked something incorrectly or correctly, and that is making the difference.

*******************************Don't yell at us; we're volunteers

J

janineAuthor

Level 5

Thanks for your reply.

I am not questioning or doubting the program.

Sometimes I do not see something that is right in front of my eyes. So I ask my community Accountants and it helps to know the community is helpful in the answers.

I appreciate your taking the time to reply.

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