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why is that 6000 dollar profit from the invest. comp. hurt me so bad.
For one possibility, your refund may have been from Earned Income Credit
If that is so then teh profit on the investment would have wiped that out based on teh EIC rules for investment income
i only made 19000 for the year an then the 6000 a total of 24000 for the year/
Did your refund that you showed before come from EIC?
Are you still with me?
Unfortunately, if you have more then $3300 in investment income you are not allowed EIC.
my cpa said my eic is disallowed because of the intrest income.
That is exactly right
That is why your refund went away
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