Hello, based on some information I came across on the IRS website and also on this TurboTax community site, it appears that there was an update to the age limit for the Child Tax Credit (CTC) for tax year 2021. The age limit changed AFTER I had already filed my taxes. My daughter turned 17 in 2021 so she actually qualified for the CTC, however, TurboTax instead qualified her for the "Credit for Other Dependents" for $500. I believe this to be incorrect, TurboTax should have qualified her for the CTC $3000.
This post here has information on this change:
https://ttlc.intuit.com/community/tax-credits-deductions/discussion/2021-advctc-and-ctc-in-general/0...
A1. For tax year 2021, the Child Tax Credit increased from $2,000 per qualifying child to:
- $3,600 for children ages 5 and under at the end of 2021; and
- $3,000 for children ages 6 through 17 at the end of 2021.
I am now trying to do an amended return to fix this but TurboTax is still not correctly qualifying my daughter for the $3000 CTC. Can anyone point me in the right direction to address this problem?
Thanks.
