Deductions & credits


@Justice24 wrote:

I believe I received 1,600 last year so basically as of now it would stay the same? In what situation would I get the full 2,000 back?


Your income needs to be high enough that you owe income tax, even after considering all other taxes, credits, and deductions.  If you are only getting the "additional child tax credit" then either your income is low or your other deductions and credits are high so that you don't owe tax.

 

If you look at last year's form 1040, the child tax credit is on line 19, and the ACTC is on line 28.  The basic child tax credit can't be more than your tax liability for the year, which is on line 16 through 24.