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Level 4
March 29, 2021
Question

Proseries Basic calculation for CTC for MFS is showing $2000 IS this new for 2020

  • March 29, 2021
  • 4 replies
  • 23 views

I do not see any mention of change in the new updates, and when I do a MFS the child tax credit is showing $2000.    What am I missing

Thanks 

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4 replies

dkh
Level 15
March 29, 2021

The increase to CTC does not take affect until 2021

JudyBAuthor
Level 4
March 29, 2021

What I am questioning is that I show $2000 on this return while i am under the belief that it is 1/2 of amount (2000) when MFJ

Thanks 

dkh
Level 15
March 29, 2021

Why do you think it should be half - because of MFS ?    Have you looked in Pub 504 for help with this?