Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

EIC and Economic Stimulus

DonD
Level 1

y does the EIC credit disappear if you input 0 amounts for stimulus received. You get the stimulus but the EIC does not calculate.

0 Cheers

This discussion has been locked. No new contributions can be made. You may start a new discussion here

5 Comments 5
TaxGuyBill
Level 15

It is not supposed to do that.

Have you double checked that is what is happening?  There is $0 of EIC on the tax return?  And what if you enter that the taxpayer received the full amount of stimulus, does it then show an amount for EIC?

0 Cheers
qbteachmt
Level 15

Whose tax return is this? Is that person able to be claimed as a dependent by someone else? Are you trying to use the lookback provision?

*******************************
Don't yell at us; we're volunteers
0 Cheers
DonD
Level 1

Yes, it is giving a 0 amount for EIC but allowing a refund of the unreceived stimulus and any withholding.

0 Cheers
DonD
Level 1

No, the correct staus is selected, not a dependent and lived is us all year. Just blocks out eic.

0 Cheers
qbteachmt
Level 15

@DonD 

"and lived is us all year."

Lived with you? Are you not creating your Clients' tax returns, as a professional paid tax preparer?

You seem to be lost on the internet.

You’ve come to a Peer User community for Intuit Tax Preparation products supporting tax preparation professionals using ProSeries, Proconnect and Lacerte , and you may be looking for support as an individual taxpayer. Please visit the TurboTax Help site for support.

Thanks.

 

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