Destiny_Y_JD
Employee Tax Expert

Deductions & credits

Did you happen to make more in 2019? I ask because if your 2020 income tax was not processed and they used the 2019 taxes then this could explain the difference. Later this summer, the IRS is opening their portal to where you can change your dependents, filing status and even income. https://www.irs.gov/credits-deductions/advance-child-tax-credit-payments-in-2021
If you should receive these payments (eligible) but do not, then these amounts will be reconciled on the 2021 taxes (filed in 2022).

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