turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Will I get the expanded CTC for my dependent under new law if I claimed the standard deduction on my tax return?

I’m referring to the child tax credit advance payments starting in July. I claimed her as a dependent but didn’t make enough money to claim the child tax credit
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies
DMarkM1
Employee Tax Expert

Will I get the expanded CTC for my dependent under new law if I claimed the standard deduction on my tax return?

Yes, the language in the new law with respect to the advanced Child Tax Credits indicate the $2,500 earnings floor is removed and the credit is fully refundable.  This allows the lower income taxpayers to take advantage of this provision.

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Will I get the expanded CTC for my dependent under new law if I claimed the standard deduction on my tax return?

Thank you for your reply that was very informative. I was having trouble understanding the language of the temporary expansion of the CTC so I wanted to clarify that. Again I appreciate it! Have a good one!

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies