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Deductions & credits
Look at the return carefully ... the CTC can only negate your federal tax liability and could be limited to that amount. HOWEVER for the 2020 return up to $1400 of the $2000 is refundable y using the ADDITIONAL CTC so look at the form 1040 line 28 and form 8812 to see the calculations.
March 29, 2021
10:46 AM