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March 12, 2021
Question

Why am i only getting a $500 child tax credit this year, when I got $2000 last year?

  • March 12, 2021
  • 2 replies
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2 replies

Employee
March 12, 2021

Did your child turn 17 in 2020?   If your child is older than 16 you lost the child tax credit for 2020 and instead you get the $500 credit for other dependents.

**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.**
VolvoGirl
Employee
March 12, 2021

How old is your child?  Did they turn 17 last year?