Deductions & credits


@xmasbaby0 wrote:

If someone gets advance CTC payments for a child they cannot claim on a 2021 tax return they should end up repaying it or losing the credit when they reconcile it on their 2021 tax return.


If a person's income is below certain amounts, the repayment of the Advance Child Tax Credit is reduced or eliminated.  See H6 through H8 in the link that Critter gave above.