I have one child who is 17, shouldn't i still get the 2000 tax credit? why is it reduced to 500?

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For tax year 2023 to be eligible for the child tax credit of $2,000 the child must be under the age of 17.

If your child turned 17 during the 2023 tax year, they are no longer eligible for the Child Tax Credit.

They now qualify for the Other Dependent Credit.

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