mountaintax
Level 2
05-13-2021
12:34 PM
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Client wants to use 2019 income to qualify for a larger EIC in 2020. In 2019 they were disqualified for the EIC because their investment income was too high. Does the fact that they did not qualify in 2019 have any effect on them being able to used their income from 2019 for 2020 EIC?
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BobKamman
Level 15
05-13-2021
12:57 PM
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No
mountaintax
Level 2
05-13-2021
01:40 PM
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Ok, So they are eligible to use 2019 income for 2020 EIC?
BobKamman
Level 15
05-13-2021
02:27 PM
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Yes
IRonMaN
Level 15
05-13-2021
02:48 PM
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Bob - can you shorten your answers a little next time ---------------------- I got lost in all of those details 😁
Slava Ukraini!