Question

I was getting a refund of $520 using my earned income from 2020 , then tried using 2019 income which was twice as much -my refund didn't change at all - is this correct?

Forum|Forum|5 years ago
April 20, 2021
2 replies
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How can I have a much higher earned income and my earned income credit doesn't change?

TurboTax Deluxe Online

Employee

The EITC is calculated on a bell curve.....That is, it goes up while your income does, but only to a certain point. Then it starts to come down. Your 2019 income is probably on the downslope.

T

TaxTim1

@SweetieJean is right on the money. You can still qualify at a higher income until you hit a threshold at which time the credit will be reduce or eliminated. Take a look at the link below. It gives a good overview of the EITC. Hope it helps.

https://turbotax.intuit.com/tax-tips/tax-deductions-and-credits/earned-income-credit/L4lmLBNWa