AnhNgoc
Level 4
01-24-2022
12:08 PM
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Election to use prior-year earned income
We can elect to use your 2019 earned income to figure your 2021 earned income credit (EIC) if your 2019 earned income is more than your 2021 earned income. Do we need to print: "PYEI" + "Amount of earned income 2019" on line 27a on form 1040 like Tax 2020 ???
Thanks.
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Level 13
01-24-2022
12:25 PM
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should pre-print in there if you choose this method.
AnhNgoc
Level 4
01-24-2022
01:01 PM
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Thank you!
So we have to wait for update from Pro Series!
TaxGuyBill
Level 15
01-24-2022
04:05 PM
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Look at Line 27c. 🙂
AnhNgoc
Level 4
01-24-2022
04:28 PM
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It should be but "PYEI" not print on line 27a and "Amount EI 2019" not print on line 27c on form 1040. When we efiled, It show on the Original Return they transfer to IRS but did not print on form 1040 for our client.
Best,