EITC for 24 year old student

Forum|Forum|3 years ago
February 25, 2023
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I have turbo tax self employed and I think I qualify for an EITC because I was a 24 year old student in 22 and made under 16k. But my turbo tax account does not think I qualify, any suggestions?

TurboTax Self Employed Online

xmasbaby0

Employee

Sorry---unless you have a qualified dependent child you cannot get EIC for a 2022 tax return.

Earned Income Credit—-the rules are back to the “old” rules—

Those under 25 and over 65 without children are not eligible as they were uniquely in 2021. And you cannot use your income from any earlier tax year to get the EIC for a 2022 return. There is no “lookback” for 2022. EIC for 2022 will be based on the income you earned by working in 2022.

https://ttlc.intuit.com/questions/1899157-what-are-the-qualifications-for-the-earned-income-credit-eic-or-eitc

https://www.irs.gov/credits-deductions/individuals/earned-income-tax-credit/use-the-eitc-assistant

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**