Will I get the expanded CTC for my dependent under new law if I claimed the standard deduction on my tax return?

I’m referring to the child tax credit advance payments starting in July. I claimed her as a dependent but didn’t make enough money to claim the child tax credit
DMarkM1
Expert Alumni

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Yes, the language in the new law with respect to the advanced Child Tax Credits indicate the $2,500 earnings floor is removed and the credit is fully refundable.  This allows the lower income taxpayers to take advantage of this provision.

 

 

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Thank you for your reply that was very informative. I was having trouble understanding the language of the temporary expansion of the CTC so I wanted to clarify that. Again I appreciate it! Have a good one!