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CA joint 2025 20Kpwages 38Kpensions 2depx #821

@feenberg

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@feenberg

See http://taxsim.nber.org/out2psl/821

PE and TA agree on regular tax, but PE finds an additional 552 in refundable credit. I believe this taxpayer has too much other income to receive an EIC refund and the youngest child is 8, so not eligible for the young child tax credit.

I am sorry TA doesn't show the EIC calculation at all on the form. I would be interested if you have the formula for the EIC, rather than using the published tables.

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