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January 30, 2024
Question

Why is turbo tax only providing $2,000 child tax credit. Wasn’t the child tax credit raised to $3,600?

  • January 30, 2024
  • 2 replies
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2 replies

DoninGA
Employee
January 30, 2024

The increased child tax credit for a child was only temporarily available for tax year 2021.  After 2021 the child tax credit reverted back to the original amounts.

The child tax credit is $2,000 for a child under the age of 17.

January 30, 2024

The increased Child Tax credits only applied for tax year 2021.

 

They have reverted to the previous limits in 2022 and later years. $2,000 per child under age 17.

 


 

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