Do I have to pay back the child tax credit?

[VolvoGirl]

No.  But you have to enter what you got to see if you get more. Turbo Tax starts out giving you credit for the full amount.  Then you enter what you already got so it takes it off.  You can't get it again.   

[mcginnis-melissa]

Ok that makes sense. Thank you.

[rjs · Accepted solution]

If the advance child tax credit payments that you received are more than the amount you are entitled to based on your 2021 tax return, you have to pay back part or all of the advance payments, unless you qualify for repayment protection. That can happen if you got advance payments for a child who you are not claiming as a dependent for 2021, or if your income is higher in 2021, or in certain other situations. See the questions and answers at the following link on the IRS web site.

Topic H: Reconciling Your Advance Child Tax Credit Payments on Your 2021 Tax Return