- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Can you use 2020 income to calculate 2021 EIC if better? EIC worksheet is pulling 2020 income when it asks to check if want to use 2019 income. In this case the client did not have 2019 income anyway.
All the forms and instructions only indicate you can use 2019 income.
Thanks in advance.
Colmatt
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I posted this where a Mod will see it quicker....I predict we'll be seeing some unhappy preparers that trusted the software and didnt notice the figure was wrong in here complaining loudly that their client refunds are hung up in processing and its Intuits fault.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I'm confused. Are you saying the software is doing it correctly by asking for 2019 income, instead of 2020?
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
If the software is pulling the 2020 figure, thats bad.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I'm just noticing this post and I'm confused as to what you guys are saying is wrong. The 2021 EIC worksheet says that you cannot use 2020 income. You can only use 2019. The form is populating correctly in Pro-Series. Are ppl manually changing that number to the 2020 income instead? If so, that's definitely not correct.
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
It is so a little worrisome.
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I'm using Pro-Series Professional. It is pulling the 2019 income correctly.
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
No manual change, the program automatically put the 2020 info.
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
it is pulling the correct 2019 earned income for several of my clients. no issues here.
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I apologize for the delayed response as we research multiple topics. What line is the 2020 income is showing on?
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
No problem, I just circumnavigate when needed. It is the same line it pulls the 2019 correctly to. Only happens when there is no 2019 return in my system. Not in system right now so can't get the line #.