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Deductions & credits
Q. I thought I had read on TurboTax that you had to make at least 2500 to receive the full amounts?
A. That's a misinterpretation. The rule is: you must make, at least, $2500 to get any ACTC. Then the amount you get is based on the calculation above (this is done on form 8812).
‎January 9, 2024
5:52 AM