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dymaxion76
New Member

Has TurboTax made adjustments to account for Child Tax Credit changes due to the American Rescue Plan of 2021? ($3000/child, fully refundable)

I should be getting $9000 for my three children, yet TurboTax is only showing that I would receive $116.  Why?
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Accepted Solutions
Critter-3
Level 15

Has TurboTax made adjustments to account for Child Tax Credit changes due to the American Rescue Plan of 2021? ($3000/child, fully refundable)

Since this doesn't affect the 2020 return you are filing right now there is nothing to be adjusted.   Those changes affects the 2021 return you will file next year. 

View solution in original post

2 Replies
Critter-3
Level 15

Has TurboTax made adjustments to account for Child Tax Credit changes due to the American Rescue Plan of 2021? ($3000/child, fully refundable)

Since this doesn't affect the 2020 return you are filing right now there is nothing to be adjusted.   Those changes affects the 2021 return you will file next year. 

View solution in original post

dymaxion76
New Member

Has TurboTax made adjustments to account for Child Tax Credit changes due to the American Rescue Plan of 2021? ($3000/child, fully refundable)

Thanks!

 

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