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Get your taxes done using TurboTax
I did the advanced payments, which I understand were based off my 2020 AGI. Due to my 2020 AGI, we did not get the full amount possible ($3,000 for our 8 yo and $3,600 for our 5 yo). The 50% advanced payments were for a reduced total amount of $5,400, as opposed to $6,600.
If my 2021 AGI is as low as we expect it to be, am I correct in understanding that we can now get the full credit of $6,600?
‎December 8, 2021
7:05 AM