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Employee
June 6, 2019
Question

Is it true that the Child Tax Credit will be $2000 for each child for year 2017?

  • June 6, 2019
  • 2 replies
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2 replies

Employee
June 6, 2019

No that is incorrect.  The Child Tax Credit for TY 2017 is $1000 per child.  Please review the following Turbo Tax FAQ:

https://ttlc.intuit.com/replies/3301702

Please review the following Turbo Tax FAQ regarding the Additional Child Tax Credit:

https://ttlc.intuit.com/replies/4862549

Employee
June 6, 2019

The increased amount (due to the new tax law) becomes effective for 2018 tax returns filed in early 2019.