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March 11, 2021
Question

Do the child tax credit raise from 2000 to 3600 if did what do I need to do to get the rest for mi child's

  • March 11, 2021
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1 reply

Employee
March 11, 2021

That CTC increase is not for 2020;  it is for 2021.   Your 2020 return does not have to be amended for it.  More information will be available soon; the details of how it will be implemented have not yet been clarified fully.  There may be monthly payments going out beginning in July 2021, with some of the CTC still left as a refundable credit on your 2021 tax return next year.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**