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Look back rule

Will using the look back rule delay your refund?

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NashayLO
Intuit Alumni

Look back rule

The special lookback rule will allow lower income individuals to use their earned income from 2019 to determine their Earned Income Tax Credit and the refundable portion of the Child Tax Credit in 2020, since their lower 2020 income could reduce the amount they are eligible for. 

 

Due to the PATH ACT, The IRS usually begins issuing tax refunds on returns with the EIC or Additional Child Tax Credit in late February.

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