Child Tax Credit – reverts to the benefits available prior to the American Rescue Plan as follows: Reverts to up to $2,000 for 2022 – 2025 Each dependent child must be under age 17 Refundable up to $1,400, but no longer fully refundable Advance payments were not issued for tax year 2022 The credit is […]
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What To Expect For Tax Year 2022 – Some Of The Rules Have Changed
By Waleed