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Child Tax Credit Error?
Hi Everyone,
I have 2 dependents (one 4 year old, and one 7 year old) that fully qualify for the Child Tax Credit, and previously received $2,150 in advanced payments.
When completing this section in TurboTax, it's showing a $1,850 credit after entering everything.
This would equate to a $4,000 total credit (the 2020 value), however I thought this was increased for 2021 (to $6,600 for a 4 and 7 year old).
Has anyone else had this issue? Or am I misreading something?
Thanks,
‎April 3, 2022
1:43 PM