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Deductions & credits
I am in the same situation. I claimed both of my daughters on my 2020 taxes, therefore received the advanced child tax credit for both of them but I don’t get to claim one of them on my 2021 taxes so it shows me owing just over $2k. I am just over the allowed $50,000 agi so I should still be able to qualify for some of the $2000 repayment protection.
can anyone help with this scenario?
I am not seeing anywhere in TurboTax that shows the repayment protection adjustment.
thank you
February 9, 2022
6:49 AM