Deductions & credits

@mzheddah - the laws in 2022 reverted to 2020 laws.  It is very different than 2021.

 

Did you enter your income yet?  any child tax credit wont appear until the income is entered 

 

The Child Tax Credit is the LESSER of $2000 per child or the amount on  Line 18 of form 1040.

 

PLUS 

 

The additional child tax credit is the LESSER of 

 

1) $1500 per child

2) 15% of the earned income that exceeds $2500

3) $2000 per child LESS the Child Tax Credit calculated above

 

the bolded line is the critical one - to get the child tax credit, there is a work requirement - that was not necessary in 2021.