The Child Tax Credit has reverted to pre-COVID amounts. For tax year 2022, the Child Tax Credit reverts back to the benefits available prior to the American Rescue Plan as follows:
- The maximum amount of CTC per qualifying child is $2,000.
- Each dependent child must be under age 17.
- Refundable up to $1,500, for each qualifying child.
- Advance payments were not issued for tax year 2022
Use this link for additional information
{Edited 2/8/2023 | 8:04 AM PST}
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