Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

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

AnhNgoc
Level 4

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.

0 Cheers
1 Solution

Accepted Solutions
TaxGuyBill
Level 15

Look at Line 27c.  🙂

View solution in original post

4 Comments 4
garman22
Level 13
Level 13

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

AnhNgoc
Level 4

Thank you!

So we have to wait for update from Pro Series!

 

0 Cheers
TaxGuyBill
Level 15

Look at Line 27c.  🙂

AnhNgoc
Level 4

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, 

0 Cheers