rc3po
Returning Member

Child Dependent Tax Credit (2021 vs 2020)

Hi ... for 2021 our Child Dependent Tax Credit shows $1,500, but for 2020 it shows $2,500.  I am married filed jointly and our kids are 16 and 20 years old.  Our box 1 wages are nearly identical for the 2 years, $203,738 (2020) and $203,477 (2021).  Note we received a total of $1,000 in advance payments in 2021.  Any thoughts or guidance is greatly appreciated!