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Level 5
January 24, 2022
Solved

Election to use prior-year (2019) earned income to figure 2021 EIC

  • January 24, 2022
  • 4 replies
  • 39 views

Election to use prior-year earned income
We can elect to use your 2019 earned income to figure your 2021 earned income credit (EIC) if your 2019 earned income is more than your 2021 earned income. Do we need to print: "PYEI" + "Amount of earned income 2019" on line 27a on form 1040 like Tax 2020 ??? 

Thanks.

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Best answer by TaxGuyBill

Look at Line 27c.  🙂

4 replies

Intuit Community Champion
January 24, 2022

should pre-print in there if you choose this method.

AnhNgocAuthor
Level 5
January 24, 2022

Thank you!

So we have to wait for update from Pro Series!

 

January 24, 2022

Look at Line 27c.  🙂

AnhNgocAuthor
Level 5
January 24, 2022

It should be but "PYEI" not print on line 27a and "Amount EI 2019" not print on line 27c on form 1040. When we efiled, It show on the Original Return they transfer to IRS but did not print on form 1040 for our client.

Best,