Prior year lookback for EITC

Forum|Forum|4 years ago
March 8, 2022
2 replies
21 views

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?

ProSeries Professional

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Best answer by TaxGuyBill

I don't think it needs to be there this year because 27c already shows the Prior Year amount.

T

TaxGuyBillAnswer

Level 15

I don't think it needs to be there this year because 27c already shows the Prior Year amount.

Just-Lisa-Now-

Author

Intuit Community Champion

Ahhh, ok. Maybe Im remembering wrong, I could have sworn it still had it on the line earlier this year....I cant remember who had it or not, for me to go look though.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

T

TaxGuyBill

Level 15

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").

R

Rick1725

Level 4

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

Just-Lisa-Now-

Author

Intuit Community Champion

Yes.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

R

Rick1725

Level 4

That is the best answer in the history of questions and answers.

Thanks you.

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