How to amend to receive additional ctc ?

2 replies
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2024 new law

TurboTax Deluxe Online

DoninGA

Level 15

The Child Tax Credit for tax year 2023 has NOT been increased.

There has been no legislation that has passed Congress or has been signed into law affecting the 2023 Child Tax Credit.

Vanessa A

Alumni - Intuit

You would not amend your return to claim any additional child tax credit. There is currently not a change in the amount of the child tax credit for 2023. I see there are proposals making their way through the government to possibly increase the amount for 2024. This would not apply to the taxes you just filed.

Also, if they would happen to change the amount for 2023, then the IRS usually makes the changes for you without you doing anything at all. If you would amend your return, you would end up causing confusion and making any extra payments take longer or possibly even getting over paid then having to repay.

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