12/24/2022
It's me, TayMyra giving you another ‼️
Please... And I mean PLEASE don’t expect to be paid for more than 3 dependents for 2022!! The Child Tax Credit (CTC) payments are no longer available and the max EIC for 3 kids filing Single, Head of Household (HOH), or Widowed is $6,935 with an Annual Gross Income (AGI) of $53,057 or less to qualify! On your free time, read the charts on the IRS website or/and ask your tax professional preparer to explain more.
🚨For the 2022 tax year people with kids under the age of 17 Dec 31st, 2021 may be eligible to claim a tax credit of up to 2,000 per qualifying dependent, and $1500 of that credit may be refundable!!! A lot of you are confused when it comes to refundable and non-refundable credits!!
🚨Your tax professional needs to educate you about the difference because just because you see $2000 per dependent doesn’t mean you’re getting $2000 per dependent.