Question
I don't think Turbotax gave me the full child tax credit?
Howdy.
I am married filing jointly, have 2 children between 6 and 17, and my AGI is less than $150,000.
If I understand correctly (according to https://www.irs.gov/credits-deductions/2021-child-tax-credit-and-advance-child-tax-credit-payments-topic-c-calculation-of-the-2021-child-tax-credit), I should be getting $3,000 per child, for a total of $6,000.
Turbotax is calculating the following for me:
Form 1040 Line 19 (Nonrefundable child tax credit) $1,000
Form 1040 Line 28 (Refundable child tax credit) $3,000
That's only $4,000, not $6,000.
So, what am I missing? What did I do wrong?
Thanks for the help!
