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Child Tax Credit 2022 vs 2023 ?
Hi, our married filing jointly income is around $135k for 2023. It was similar to this amount in 2022. We received the full $4k child tax credit for 2 young kids in 2022, but only got $1k for 2023, which was the additional credit. Why didn’t we get the $4k credit again? The only difference I can see is that we owe taxes this year because we didn’t withhold enough, but how does that affect the ctc? or actc?
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February 28, 2024
12:27 PM