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Deductions & credits
And.....just to make sure you know.....tax year 2021 is the ONLY tax year for which the child tax credit is given to you even if you did not work. For all other tax years before 2021 and after 2021, the child tax credit is based on how much you earned from working. When you prepare your 2021 return, make sure you enter the amounts of the "advance child tax credit" payments that you may have received during the months of July 2021 to December 2021.
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
‎January 8, 2024
8:51 AM