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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.

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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?

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?

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DonD
Level 1

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

DonD
Level 1

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

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.

 

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