Child tax credit 2023

Home Forums General Discussion 2024 Tax Season Child tax credit 2023

  • Topic Starter
  • #4534374
    Riss

      Okay, so forgive me for my slowness lol, but. With the proposed new child tax credit for 2023. Does it mean that we will get an extra 1800 on our refund? Or how does it exactly work?

    Viewing 1 reply thread
    • Author
      Replies
      • #4534379
        Admin
        IGMR Admin
          @igmr-admin

          No it does not have that in the language of bill. Here is more information, it’s primarily an adjustment of the refundable portion, the amount of credit is not changing.

          https://igotmyrefund.com/child-tax-credit-changes/

          It just made it out of committee and went to House Floor on Friday. So it hasn’t passed yet. We will update that article as things progress and more information becomes available

        • #4534375
          Amanda
            @mamabear39

            Following…..

        Viewing 1 reply thread
        • The forum ‘2024 Tax Season’ is closed to new topics and replies.