What are the limitis on AGI to get the full $1000 child tax credit? I have 2 kids and AGI is about 130K; will I be able to get the full $2000 credit for 2 kids?
The Child Tax Credit begins to phase out at $110,000 (AGI) for MFJ filers. Teh reduction is $50 per $1,000 over that amount. If your AGI were exactly $130,000 your CTC would be reduced by $1,000 for the two children.
