jla2cpa
Level 1
12-06-2019
08:59 PM
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TAXOH
Level 11
12-06-2019
08:59 PM
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MFS can get the full credit according to everything I've read about it.
TaxGuyBill
Level 15
12-06-2019
08:59 PM
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Where do the Regs say that only half should be allowed?
As far as I know, nothing has changed in that regard. Filing Separately still allows the full Child Tax Credit (assuming all other requirements are met).
Level 15
12-06-2019
08:59 PM
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I thought I read somewhere that MFS only got half the CTC also..I don't have any MFS clients with kids, so I didn't really pay much attention to be honest.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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Level 13
12-06-2019
08:59 PM
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Level 15
12-06-2019
08:59 PM
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There must be an incorrect article out there somewhere that says it...I know I read it somewhere.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
Level 15
12-06-2019
08:59 PM
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or maybe it was an old article for 2017 that had incorrect year in it..
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itonewbie
Level 15
12-06-2019
08:59 PM
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CTC is the same for both MFJ and MFS before and after TCJA, only that the phase-out threshold for MFS is always half of that for MFJ.
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