The lookback provision applies to the Earned Income Credit (EIC) and the Child Tax Credit if your 2019 earned income was more than your 2020 earned income.
Please follow these steps in TurboTax:
- Login to your TurboTax Account
- Click on the Search box on the top and type "EIC"
- Click on “Jump to EIC”
- Answer the questions until you reach the screen "Do you want to use last year’s earned income?"
- Note your current refund amount using your 2020 earned income at the top of the screen.
- Click "Yes", enter your "2019 Earned Income" if the field is blank and click "continue".
- Compare the new refund amount using your 2019 earned income with the previously noted refund amount using your 2020 earned income.
- If your new refund amount is lower click "back" and then select "No" for the "Do you want to use your 2019 income to calculate this credit instead?" question.
Please see What are the qualifications for the Earned Income Credit (EIC or EITC)? for additional information.
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