Question about eic and investment income

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  • This topic has 0 replies, 1 voice, and was last updated 6 years ago by LAURA.
  • Topic Starter
  • February 22, 2019 at 3:39 pm #4295410
    LAURA

      I had cashed out stocks totalling $4100 but after tax was well under a 3500 profit. Well, to get the eic I couldn’t have had more than 3500 in investment income but I’m unsure if that’s before or after the taxes.

      Yeah I’m still rambling about my 971 and the IRS worker stating I “may” qualify for eic. My transcript shows a 846 now but the total back is the same, a few years back I had a code (can’t remember what code) for an additional refund that they found so I’m hoping I just need another transcript update lol wishful thinking maybe…

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