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Level 5
January 29, 2021
Question

Use earned income 2019 to calculate EITC for 2020 with $0 income in 2020

  • January 29, 2021
  • 18 replies
  • 55 views

Hi everyone,

I have a client with $0 earned income in 2020. She just have unemployment benefit form 1099G. Can we use her earned income in 2019 to calculate and to get EITC & ACTC for her?

In her case, I search for EIC Worksheet and form 8812 and then check "YES" on "Elect to use 2019 earned income for EIC and ACTC".

If we can do that, I think Pro Series should pop up EIC worksheet and Form 8812 in "Form in use" and "Red check" on "YES" or "NO" in line "Elect to use 2019 earned income for EIC and ACTC". It's easy missing this benefit for our customer.

Best regards,

 

Anh Bui

 

This topic has been closed for replies.

18 replies

Just-Lisa-Now-
Intuit Community Champion
January 29, 2021

Can we use her earned income in 2019 to calculate and to get EITC & ACTC for her?

That seems to be the way the law reads.

 

I think Pro Series should pop up EIC worksheet and Form 8812 in "Form in use" and "Red check" on "YES" or "NO" in line "Elect to use 2019 earned income for EIC and ACTC".

Yes, a pink 'error' would be handy.

 

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
IRonMaN
Level 15
January 29, 2021

"It's easy missing this benefit for our customer."

But that's why clients pay you the big bucks so you won't miss anything for them.

Slava Ukraini!
AnhNgocAuthor
Level 5
January 29, 2021

But we pay Intuit for that job too 🙂

Level 2
February 16, 2021

I have a question here, I applied the option to use 2019 earned income for 2020 earned income credit and additional child credit, when check the sheet for calculation of earned income it shows that it uses 2020 income which resulted in much lower earned income credit than 2019, since total taxable income in 2020 was almost double of 2019, can we fix this to use 2019 income instead in calculation of the credit?

BobKamman
Level 15
February 16, 2021

No.  2019 earned income must be more than 2020 earned income.  

Level 2
February 16, 2021

Yes earned income in 2019 is more than 2020, but the adjusted taxable income in 2020 is more than 2019 for the same client