You can look at line 19 or 28 of your 1040 to see if you received the Child Tax Credit or the Additional Child Tax Credit.
To see your 1040 select the following:
- Tools
- Tax Tools
- View Tax Summary
- Preview My 1040
The Child Tax Credit and Additional Child Tax Credit rules have reverted back to what they were. The rules for 2021, where everyone got $2,000 for their child if their income was under a certain level, no longer applies.
This means, that for this year, the nonrefundable Child Tax Credit will lower your tax liability down to $0. So if your tax liability on line 18 is $1,300, you would only be eligible for $1,300 of the Child Tax Credit.
After that, if you did not use it all up, you may still be able to get the Additional Child Tax Credit. This will not be more than 15% of your Earned income minus $2,500. So, if your Earned Income is $10,000, your Additional Child Tax Credit would not be more than $1,125.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
