I filed my taxes for 2020 prior to March 10. March 10 the Child Tax Credit increased from $2,000 to $3,000 for my child. I am short $1,000. I tried to file an Amended Tax Return through Turbo Tax and it is still coming up with only $2,000. I did the updates when prompted. Is anyone else having this problem?
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The increase for the Child Tax Credit is effective on the 2021 tax return to be filed next year, not on the 2020 tax return.
Ah I did not realize that. Thank you for the help.
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