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Deductions & credits
The rules did not change. The only change to the CTC is that for 2023 the refundable additional child tax credit amount was $1600; for 2024 that is $1700.
The credit is shown on lines 19 and 28 of your Form 1040. Look at your tax forms to see if the credit was there.
If you qualified for it last year it would have been added automatically. Remember that the amount of the additional child tax credit is calculated from the amount of income you earned from working---so you might not get the full amount.
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
‎January 31, 2025
8:34 AM