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Deductions & credits
It will be based on your joint income. It will be reduced if your federal income tax is less than the potential Child Tax Credit amount. The link in the original post has further details.
Have an amazing day. Evelyn M (CPA 20+ years)
I would love a thumbs up 🙂 + Mark the post that answers your question by clicking on "Mark as Best Answer"
I would love a thumbs up 🙂 + Mark the post that answers your question by clicking on "Mark as Best Answer"
‎July 31, 2024
11:03 AM
2,622 Views