TaxGuyBill
Level 15
01-07-2021
10:53 AM
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@Terry53029 wrote:If the four kids are under 17 CTC is $8000. MFS only $4000. As you said, lot of downside to filing MFS, especially with kids
??? Filing separately doesn't cut the Child Tax Credit in half does it? Why would MFS be $4000? Of course there are income limitations, but it still should be $2000 per child, shouldn't it?