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EITC Provision
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athaureaux6
Level 8
02-15-2021
06:48 AM
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Hi, online community.
There was an important update today about the EITC Provision. It seems that they eliminated the error that it pops up when a taxpayer has unemployment only, the "ubsustantiated sources" and also they update the look back provision when you have a new client that it used to write the wrong amount on the dotted lines. Thank you. I believe that we are good to go with the provision for our taxpayers who would qualify. I am expecting the 8915E, the 1099=R Coronavirus box, and the typo error in the Mortgage Insurance Premiums 2020 instead of 2019 to be fixed, although I know the last does not change any calculation, it does not look professinal on my eyes. Good luck everyone.
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