Submitted by ckb614 t3_yfvm3s in personalfinance
93195 t1_iu5eq52 wrote
Regarding the credit, I think you’re in the phase out range for the credit, but don’t worry about it. It’s not like you’re going to give the child back or do anything differently, it is what it is, your tax software will figure it out when the time comes.
RelishMule t1_iu5j1zd wrote
> I think you’re in the phase out range for the credit
No, its uop north of $400k.
The temporary expanded credit in 2021 was lower ($150k AGI if I remember right)
93195 t1_iu5koo1 wrote
That’s the top of the phase out I think where it ends completely. The start is lower than that I believe.
RelishMule t1_iuhgi12 wrote
Nope, think you are still confusing with the expanded 2021 credit. The "normal" one, the start of phaseout is that high
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