TAXMAN Posted March 23, 2014 Report Posted March 23, 2014 I need a Virginia preparer that use ATX to tell me what I don't see. The facts:Single TPFAGI:14191Sch A net ded VA line 10:12375Exemptions:930line 13 va 760: 13305Line 14 VA TI:886Tax:18EIC credit:13 Credit low income 3 on VA adj page line 17Question is why I can't get the low income to work and 18 credit instead of 3 credit.Am I doing this wrong? Quote
Lynn EA USTCP in Louisiana Posted March 23, 2014 Report Posted March 23, 2014 Did you click on the support button and download the instructions for that credit? Your client's income may be too high, for a single taxpayer, to qualify. Quote
Gail in Virginia Posted March 23, 2014 Report Posted March 23, 2014 For low income credit, income must be below federal poverty level which I think is just less than $12,000. Since they qualify for federal EIC, they get a credit based on that equal to 20% of the federal EIC. If federal EIC is $13, then 20% is $2.60 for Virginia. Lynn's advice is spot on. Quote
TAXMAN Posted March 24, 2014 Author Report Posted March 24, 2014 Thanks all I found My mistake AGI too high and I was transposing #'s. Quote
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