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If your earned income was higher in 2019 than in 2020, you are allowed to use your 2019 income to figure your credit for 2020, according to the IRS.
The Earned Income Credit, also known as EIC, is a refundable tax credit for low to moderate-income working individuals and families. TRAVERSE CITY, MI, UNITED STATES, October 5, 2024 /EINPresswire ...
The earned income tax credit is only available if your income doesn’t exceed certain limits, some of which are based on your filing status and the number of qualifying children you claim.
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