DawnC
Expert Alumni

Deductions & credits

If you are claiming two children, you child tax credit is $6000 (assuming they are ages 6-17).   You already received $4500, so the remaining credit of $1500 is what you are due.    You got the advance for all 3 children, but since you are only claiming 2, you are only due the $1500.   Whoever is claiming the 3rd child will be eligible for the full $3000 credit.   

 

You are not paying anything back.   You received $4500 of the $6000.   So, you are keeping the entire $4500 plus getting another $1500.

 

2021 Child Tax Credit and Advance Child Tax Credit Payments — Topic H: Reconciling Your Advance Chil...

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