Level 5

Question

Can you use 2020 income for 2021 EIC calculation?

Forum|Forum|4 years ago
January 28, 2022
3 replies
21 views

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

ProSeries Professional

This topic has been closed for replies.

sjrcpa

Level 15

2019 is correct. The software is pulling the wrong number.

This has been mentioned here before.

The more I know the more I don’t know.

D

djtenn2000

Level 4

I'm confused. Are you saying the software is doing it correctly by asking for 2019 income, instead of 2020?

Just-Lisa-Now-

Intuit Community Champion

You can only use the 2019 earned income for the look back, not 2020.

If the software is pulling the 2020 figure, thats bad.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

Just-Lisa-Now-

Intuit Community Champion

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♥¸¸.•*¨*•♫♪

D

djtenn2000

Level 4

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.

C

ColmattAuthor

Level 5

No manual change, the program automatically put the 2020 info.

A

Anonymous

I apologize for the delayed response as we research multiple topics. What line is the 2020 income is showing on?

C

ColmattAuthor

Level 5

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 #.

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