- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I dont have many of these but I could have sworn earlier this year that PYEI appeared on Line 27 of the 1040 next to the EITC amount...I dont see that happening anymore.....can anyone confirm this?
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
Best Answer Click here
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I don't think it needs to be there this year because 27c already shows the Prior Year amount.
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I haven't had one yet for this year so I'm not sure what it was doing before. But because they added its own line, there is no need for it (and the 1040 instructions don't mention "PYEI").
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I have a question about the lookback:
My client had no earned income in 2021 but did have about $6000 in 2019. She meets the other criteria for the EIC. Can we use the 2019 amount even though she had no earned income in 2021?
Thanks you
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
That is the best answer in the history of questions and answers.
Thanks you.