What is form 8862 turbotax?

Form 8862 is used to claim the Earned Income Credit (EIC) after it was disallowed due to a previous disallowance, or for other reasons such as a change in income or family situation.

TurboTax offers support and guidance for filling out Form 8862 if you are eligible to use it. TurboTax will help you answer the questions and guide you through the process of completing the form. TurboTax will also double-check your tax return for accuracy and highlight any errors or discrepancies that may need to be corrected before you file.

It is important to note that Form 8862 cannot be e-filed on its own and must be attached to a completed tax return. Therefore, if you are using TurboTax to file your tax return, the program will automatically attach Form 8862 to your return if necessary.

Overall, TurboTax provides a user-friendly platform for taxpayers to claim the Earned Income Credit with the help of Form 8862.