turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Ask the Experts All About the Refund! >> Event happening NOW!!!!
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Breazzeal1
Returning Member

If we recalculate my earned income credit using your 2019 earned income if it is greater than your 2020 earned income. Can we change it if it lower?

 
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies
ColeenD3
Expert Alumni

If we recalculate my earned income credit using your 2019 earned income if it is greater than your 2020 earned income. Can we change it if it lower?

Yes.

 

Yes you can use 2019 earned income instead of 2020 income to compute the child tax credit.

 

To do this in TurboTax:

  • In Search, type earned income credit,
  • Click Jump to earned income credit,
  • Answer the questions until you reach Do you want to use last year’s earned income?
  • Click Yes and enter your 2019 Earned Income.

If your earned income was higher in 2019 than in 2020, you may get a higher EITC credit by using 2019 earned income. Try it both ways in TurboTax and see what works best for you.

If we recalculate my earned income credit using your 2019 earned income if it is greater than your 2020 earned income. Can we change it if it lower?

If I'm reading your question correctly ... 

 

No, if your 2019 Earned Income was LOWER than your 2020 Earned Income, it is NOT an option to use the 2019 amount.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies