2023 Child Tax Credit

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  • CLevy
    Junior Member
    • Dec 2010
    • 1

    #1

    2023 Child Tax Credit

    If claiming the Child Tax Credit, should you wait until Congress makes any changes.
  • kathyc2
    Senior Member
    • Feb 2015
    • 1947

    #2
    It only effects those that have refundable portion limited under current law. Maybe leave it to the client if they want to wait or not?

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    • Twin Turbo Z
      Senior Member
      • Feb 2014
      • 372

      #3
      Hopefully it will be a situation where the IRS automatically send any clients eligible any additional refunds. If not then we will have to amend. So far all of our clients want to file

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      • Anarchrist
        Senior Member
        • Oct 2006
        • 353

        #4
        irs has already stated they'll adjust early filed returns if the law passes.

        Ignoring that, as kathy said, leave it to the client. Tell them the situation, how much you would charge to amend, ask them how they want to proceed.
        "Taxation is the price we pay for failing to build a civilized society." ~ Mark Skousen

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