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CTC

My child turned 17 in Nov of 20. As I’m filling out my taxes, I’m only seeing a $500 CTC for her. Under the new rule for this year, I should be able to fully claim her up to $3000, right? I’m confused why the program isn’t allowing the full credit

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2 Replies

CTC

The increased Child Tax Credit is not retroactive to 2020. Rather, it takes effect with the 2021 tax year (returns filed in early 2022).

CTC

So confusing. Thank you!

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