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Deductions & credits
There are AGI limits to the Child Tax Credit for 2021, and although your AGI exceeds the married filing joint limit, you should still qualify for a $2,000 (before Advance Child Tax Credit payments) credit as long as your AGI is less than $400,000. Be sure your child meets all the qualifications also:
- Be under age 18 at the end of the tax year
- Is your child, stepchild, foster child, adopted child, sibling, step-sibling, half-sibling, or a descendant of any of them (for example, a grandchild, niece, or nephew)
- Has their own Social Security Number
- Children with ITINs don't qualify, but may instead be eligible for the $500 Credit for Other Dependents
- Lived with you for more than half the year
- Didn't support themself (didn't pay more than half their own expenses)
- Is a U.S. citizen, U.S. national, or U.S. resident alien
- Residents of Canada or Mexico don't qualify
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‎February 20, 2022
4:12 PM