Hi, We had a baby in May of 2021. I understand that the Advance Child Tax Credit payments were based on 2020 return information, so it makes sense how the IRS didn't know to send me any advanced payments. I was expecting to receive the credit (or at least part of it) as I now file our 2021 return. From what I can tell, Turbo Tax has determined only a flat $500 child tax credit (line 19 of the return). Our AGI is $215k. Based on what I've read the child tax credit phases out in two parts - the first starting when AGI goes over $150k for MFJ at which point the credit will decrease to $2,000. The next phase out would not occur until AGI is over $400k, which ours is not. So my question is why do I not see a $2,000 credit on line 28, but just the $500 on line 19?
Thanks!
