Deductions & credits

 

You did not answer what you saw on any of those lines of your tax return so it is hard to help you.

 

 

I wonder if you are confused by either the tax year or by how the child tax credit worked for tax year 2020.   The most you could get on a 2020 tax return for child tax credit was $2000-----and only up to $1400 was refundable.  The refundable part was based on how much you earned from working so if you earned a small amount you could not get it all.     And....what was the age of your child?   If you got $500 that sounds like you got the $500 credit for other dependent instead of the child tax credit.   How old was your child at the end of 2020?

 

The child tax credit was not $3600 for tax year 2020.    The child tax credit of $3600 is only for tax year 2021 and only for children under the age of 6.

 

Earned income credit is a different credit---there is not a credit called the "earned child tax credit."   Please look back at your 2020 tax return and post back with specific information as to what you see on the lines you were asked about.

 

 

And.....when you filed a tax return ----you filed a Form 1040.   That is the form your tax return was on.

 

 

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**