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Has TurboTax made adjustments to account for Child Tax Credit changes due to the American Rescue Plan of 2021? ($3000/child, fully refundable)
I should be getting $9000 for my three children, yet TurboTax is only showing that I would receive $116. Why?
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March 21, 2021
6:29 PM
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Deductions & credits
Since this doesn't affect the 2020 return you are filing right now there is nothing to be adjusted. Those changes affects the 2021 return you will file next year.
March 21, 2021
6:31 PM