The Child Tax Credit is worth up to $2,000 for each child. You received the full amount which is $4000 for two children. The credit can reduce your tax bill on a dollar-for-dollar basis, potentially eliminating your tax bill altogether.
The Additional Child Tax Credit line 28 , allows you to receive up to $1,600 of the $2,000 Child Tax Credit per child as a refund for 2023 if you didn't qualify for the full CTC.
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