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Deductions & credits
@Khansenkhansen wrote:
Does anyone know when Turbo Tax will be updating the software for the $3,000 or $3,600 child credit? I see unemployment updates on 3/19, but what about the child credit? Currently still shows $2,000 now.
The increased Child Tax Credit is effective with the 2021 tax return to be file next year, not the 2020 tax return.
March 18, 2021
1:49 PM