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jgk1230
New Member

If the new Child Tax Credit proposed by Biden passes will it apply to 2020 taxes?

 
3 Replies
DoninGA
Level 15

If the new Child Tax Credit proposed by Biden passes will it apply to 2020 taxes?

Since nothing has been legislated, passed, approved and signed into law there is no way to know how it will be handled by the IRS.

HoHOhioDad
New Member

If the new Child Tax Credit proposed by Biden passes will it apply to 2020 taxes?

Is there an update to these child tax credit questions following the new legislation?

DoninGA
Level 15

If the new Child Tax Credit proposed by Biden passes will it apply to 2020 taxes?


@HoHOhioDad wrote:

Is there an update to these child tax credit questions following the new legislation?


See this TurboTax support FAQ for information on the American Rescue Plan - https://ttlc.intuit.com/community/tax-topics/help/how-will-the-stimulus-package-impact-me/00/1393859

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