EIC

[Shirley79]

ProSeries is saying an 80 year old with non-taxed social security and $1700 in earned income qualifies for EIC.

I had to check the box in the info worksheet that says "Taxpayer has been notified by IRS that EIC cannot be claimed in 2021".    Should I have had to do this or am I missing something?

[Just-Lisa-Now-]

Youre missing something.   

They took away the EITC age cap, senior citizens with low earned income qualify now.

[Shirley79]

So appreciate your quick replies.  

When I did the worksheet on the IRS.gov/EIC, it said because of Adjusted Gross Income limit, he didn't qualify for EIC????

W-2     $1726

Pensions    $9036

SS    $21678

[Just-Lisa-Now-]

LOOK at the 1040...whats the AGI showing on Line 11 ?

[Shirley79]

$10762

[qbteachmt]

"I had to check the box in the info worksheet"

Is that true? Or, you are trying to bypass it? I would uncheck that, if it doesn't apply.

[Shirley79]

 WAS TRYING TO BY PASS  - I UNCHECKED IT

[Just-Lisa-Now- · Accepted solution]

Your client qualifies for EITC

[Shirley79]

I went to IRS.GOV/EIC again and entered my numbers as they say.  I added Social Security from Box 5 as they instructed.  They don't say to add on "taxable" Social Security.  They have an adjustment line, so I backed out the SS on that line, and if finally agrees with what you said.  He gets the EIC!!

Thanks for your patience.