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Yes you can use 2019 earned income instead of 2020 income to compute the child tax credit.
To do this in TurboTax:
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.
TurboTax does not ask me if I want to use 2019 income!!!!!! I have updated it and it still does not. I am worried about adding it manually. Tried to send message to TurboTax and was unable to. Really disappointed. Will review on Amazon if I do not get a response from this attempt to fix.
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.
Please follow these steps in TurboTax:
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