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Deductions & credits
Commenting on paragraph beginning "If you had a lower income last year you can use 2019 income". It's not clear from this or from the IRS instructions what you can do in a situation like mine. I met the EIC criteria for 2019 with both earned income and AGI below the threshold. In 2020 my earned income was much lower but unemployment compensation due to the pandemic put me over the AGI threshold for the EIC. I should be able to use the lookback rule to apply both my 2019 earned income and 2019 AGI (which are the same number). However, the purchased TurboTax Deluxe does not allow me to enter the 2019 data and won't give me any EIC. Does anyone have a workaround for this issue?
‎February 15, 2021
5:50 PM