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

JudyB
Level 3

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 Comments 4
dkh
Level 15

The increase to CTC does not take affect until 2021

JudyB
Level 3

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 

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dkh
Level 15

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

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JudyB
Level 3

Thank you   Yes. I have.   It states 50% of Fed CTC. My program keeps populating the full 2000

 

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