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Get your taxes done using TurboTax
The Earned Income Tax Credit has an adjusted gross income component as well as an earned income component. I do not know what numbers you used on your tax return.
IRS Publication 596 Earned Income Credit page 18 states:
Election to use prior year earned income.
You can elect to use your 2019 earned income to figure your 2020 earned income credit (EIC) if your 2019 earned income is more than your 2020 earned income.
Page 2 Table 1 Earned Income Credit in a Nutshell demonstrates that the credit is based upon:
- Adjusted gross income (AGI) rules (see column on the left), as well as
- Earned income rules (see column on the far right).
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‎February 23, 2021
1:45 PM
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