Deductions & credits


@teresamorgan0301969 wrote:

Hello @DoninGA 

Any new updates as of today, Saturday, 20th. 

Thank you,

Teresa M. 


The increased Child Tax Credit is effective for a 2021 tax return to be filed next year, not on a 2020 tax return.

The IRS may be sending an Advance credit starting in July 2021 for those eligible.