TaxSlayer Pro runs a series of EIC eligibility tests in each tax return based on the information in the return. If the taxpayer is not eligible to claim the EIC, the program produces a statement that explains why they don't qualify. To see the statement, from the Main Menu of the tax return (Form 1040) select:
- View Results
- Why No EIC Calculated
The statement will display the a list of reasons with X indicated to any of the reasons that apply. If there is anything listed on this form other than the EIC Checklist was not Answered Correctly you will not be able to access the EIC menu because the client has already been deemed ineligible.
If the EIC checklist was not answered correctly and the return is eligible for EIC, you can access the questions from the Main Menu of the tax return (Form 1040) by selecting:
- Payments, Estimates, EIC
- Earned Income Credit
- Complete Schedule EIC
Additional Information:
IRS: Publication 596 - Earned Income Credit (EIC)
IRS: Earned Income Tax Credit (EITC) - links to lots of info
