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Level 3
March 13, 2021
Solved

Child tax credit

  • March 13, 2021
  • 3 replies
  • 27 views

When is ProSeries being updated to calculate the $3,000 / $3,6000 child tax credit per the American Rescue Plan Act?

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Best answer by RollTide68

Next year when the new amounts are authorize for tax year 2021.

3 replies

RollTide68
Level 7
March 13, 2021

Next year when the new amounts are authorize for tax year 2021.

abctax55
Level 15
March 13, 2021

@RollTide68  Jinx....

HumanKind... Be Both
abctax55
Level 15
March 13, 2021

Likely in Nov or Dec 2021, as it doesn't apply to 2020.

HumanKind... Be Both