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posted Jan 28, 2021 5:28:30 PM

I'm homeless after recent eviction due to financial hardship. My 3rd move/3rd state in 1 year, last 2 fiscally forced. R my resulting expenses deductible? Hotel? POBox?

Trying to increase my refund by way of deductibles as I missed EIC by $436, and current refund isn't enough to procure a new residence. Any hardship programs for my situation?

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Level 15
Jan 28, 2021 5:43:12 PM

Did you e-file yet?

 

 

I hope this might help you:

 

Many people had lower incomes during the pandemic in 2020 due to reduced work hours, layoffs, etc.  Or they received unemployment benefits.   These factors affect how much earned income credit and additional child tax credit you can get on your 2020 tax return and affect your 2020 refund.

 

There is a “lookback” option that allows you to use your 2019 amounts for earned income credit or child tax credit.   You can choose whether to use your 2019 amount or your 2020 amount.  Choose whichever amount gives you a better tax refund for your 2020 refund.

 

You can see this and choose in the earned income credit section  in Deductions and Credits.

 

You still MUST enter all of your 2020 income into your 2020 tax return, including any unemployment you received.

 

 

Sorry but your expenses for hotels, etc are not deductible.