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March 27, 2020
Question

When I enter the 4361 exemption I lose my child tax credit. Is this correct?

  • March 27, 2020
  • 1 reply
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1 reply

March 29, 2020

No, just because you are exempt from paying Social Security and Medicare tax should not have any effect on you receiving Child Tax Credit.

 

Please review your information for your child to show they lived with you all year and you provided more than 50% of their support.

 

Rules for Claiming a Dependent on Your Tax Return

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