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Deductions & credits
Follow up question on your response....
The carry forward tax credit is from 2017 when she was 14. My understanding is that you carry forward for five years no matter what age she is today. If the carry forward stops at the age 18, then I was only allowed to carry forward my tax credit for this child's adoption for 4 years and not 5. (it is just a partial amount left, I have been using part of it during the last four years).
Or are you saying that I loose the carry forward portion too when she turns 18? Even if I have not exceeded the five years?
March 4, 2022
10:48 AM