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2019 vs 2020 child tax credit
Last year 2019, we had a child tax credit of $6,000, but this year 2020, it's only $1,500. We have 3 children. One did turn 17 in Nov 2020, so I understand this could take about up to $2,000 from the credit, but why reduction for the other 2 younger children? Our income is less than $400,000 (married, filing jointly) and has not changed much since last year.
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March 27, 2021
10:12 AM