Answered: Can clients get EIC this year if they had AOC disallowed in 2016

hgtc · ‎03-20-2021

Clients had AOC disallowed in 2016 due to disallowed shareholders' health insurance in S-Corp. They earned incomes are low in 2020, can they claim EIC in 2020?

TaxGuyBill · ‎03-20-2021

Yes.

View solution in original post

TaxGuyBill · ‎03-20-2021

Yes.

hgtc · ‎03-20-2021

Sorry, one more question. Do we need to file Form 8862 - Information to claim certain credits after disallowance?

thanks.

TaxGuyBill · ‎03-20-2021

No, if you look at the chart in the instructions for 8862, it does not need to be filed in your situation.

hgtc · ‎03-22-2021

Thank you.

Can clients get EIC this year if they had AOC disallowed in 2016

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