- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
Line 5 will be $3,600 per child under 6 and $3,000 per child age 6-17 if your AGI is under:
- $150,000 if you're Married Filing Jointly or a Qualifying Widow
- $112,500 if you're filing as Head of Household, or
- $75,000 if you're Married Filing Separately or Single
If your AGI is above those amounts, then line 5 will be gradually reduced, down to a minimum of $2,000 per child.
@AnotherUsername2Remember and @lulutaxes3713 are your AGIs (which, in most cases, is Form 1040 Line 11) above these thresholds?
‎April 13, 2022
6:19 AM