hgtc
Level 5
03-20-2021
12:48 PM
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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?
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TaxGuyBill
Level 15
03-20-2021
01:27 PM
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hgtc
Level 5
03-20-2021
01:58 PM
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Sorry, one more question. Do we need to file Form 8862 - Information to claim certain credits after disallowance?
thanks.
TaxGuyBill
Level 15
03-20-2021
03:21 PM
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No, if you look at the chart in the instructions for 8862, it does not need to be filed in your situation.
hgtc
Level 5
03-22-2021
07:13 PM
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Thank you.