Author Topic: 2020 child tax credit phase out  (Read 44 times)


  • 5 O'Clock Shadow
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2020 child tax credit phase out
« on: Today at 03:44:17 PM »
Am I eligible for the full $2,000 per child tax credit in 2020?

2020 AGI is 430K
2019 AGI is > 400K  (MFJ)

I know there is a special election available this year to use 2019 earned income to determine the credit.  If I use my 2019 AGI, I should not be subject to any phase out. 

This is clearly not the intent of the look-back provision.  I suspect the phased out credit is correct for me, but just wanted to double check with the community to see if anyone has any insight here.  I can't get my tax software to activate the "additional child tax credit" form which I think is where this would be entered.