Need help understanding Form 8862 - EIC reinstatement after rejection
I'm trying to file Form 8862 but honestly im completely lost. TurboTax support isnt helping at all. Can someone explain what exactly I need to do? I had my EIC rejected last year and now I need this form to claim it again.
14 comments
Giovanni Rossi
Tax pro here. Form 8862 is required when your Earned Income Credit (EIC) was previously denied or reduced. You'll need to provide detailed info about your qualifying children, income sources, and living situation. The form basically proves you now qualify for the credit you're claiming.
0 coins
Amara Adebayo
Thanks! Do I need to include my W2s from last year too or just this years?
0 coins
2M
Giovanni Rossi
Just this year's W2s are fine. The IRS already has your previous year's info on file.
0 coins
2M
Write a comment...
Fatima Al-Mansour
Hey, instead of trying to figure this out alone, you should try taxr.ai - it's literally designed for situations like this. It costs $4.99 but it analyzes your transcript and tells you exactly what you need to do. saved me so much headache https://taxr.ai
0 coins
Dylan Evans
Is it legit? Sounds too good to be true tbh 🤔
0 coins
2M
Fatima Al-Mansour
100% legit. It uses AI to read your transcript and explains everything in plain english. Better than spending hours on hold with IRS
0 coins
2M
Dylan Evans
Just tried it and OMG where has this been all my life?! It literally told me exactly why my EIC was rejected last time and what docs I need this time 💯
0 coins
2M
Write a comment...
Sofia Gomez
Ugh I feel u. I was in the same boat last year. Make sure u document EVERYTHING. The IRS is super picky about the EIC stuff now
0 coins
Write a comment...
StormChaser
bruh turbotax is straight trash for anything complicated. they just want that $$$
0 coins
Dmitry Petrov
fr fr 💯 they charged me extra just to tell me nothing useful
0 coins
2M
Write a comment...
Ava Williams
Quick tip: double check that you meet the relationship test for any kids your claiming. Thats what got me rejected last time 🤦♂️
0 coins
Amara Adebayo
wat exactly is the relationship test? 😅
0 coins
2M
Ava Williams
They gotta be ur kid, stepkid, foster kid, sibling, or a descendant of any of these (like grandkid). And you need proof!
0 coins
2M
Write a comment...
Miguel Castro
idk why they make this stuff so complicated fr. its like they want us to mess up 🤡
0 coins
Write a comment...