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When filing it asked me did I want to use last year gross adjusted income for my child tax credit and earned income because my income was less this year. Was I suppose to click yes or no?
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When filing it asked me did I want to use last year gross adjusted income for my child tax credit and earned income because my income was less this year. Was I suppose to click yes or no?
In TurboTax, when you are in the earned income credit section, you will be asked if you want to use last year's earned income to calculate the credit. I encourage you to say yes and enter your 2019 earned income. If your earned income was different 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.
For more information see EIC Lookback
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When filing it asked me did I want to use last year gross adjusted income for my child tax credit and earned income because my income was less this year. Was I suppose to click yes or no?
Okay thanks I selected yes and it was higher I just wanted to make sure I didn’t mess up by selecting yes
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