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I added a second dependent to my W4 and my federal withholding has decreased. Will this affect my eligibility for the Child Tax Credit on next years' return?
I updated my W4 in February after having a second child and my federal tax withholding decreased by nearly $300 per paycheck. This is great, but will it have any effect on receiving the child tax credit as part of my tax refund next year?
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‎April 2, 2024
9:46 AM