If you have 2 children under the age of 6, your child tax credit should be $3,600 for each child. How much did you get in Advanced Child Tax Credit? The refundable child tax credit should be $3,600.

The Credit Limit Worksheet of Form 8863 includes information about the taxpayer's income, education expenses, and other factors that affect the tax credit calculation.

If you paid someone to care for your child or other qualifying person so you (and your spouse if filing jointly) could work or look for work, you may be able to take the credit for child and dependent care expenses.

More In Forms and Instructions Use Schedule 8812 (Form 1040) to figure your child tax credits, to report advance child tax credit payments you received in 2021, and to figure any additional tax owed if you received excess advance child tax credit payments during 2021.

Limits on modified adjusted gross income (MAGI). The lifetime learning credit and the American opportunity credit MAGI limits are $180,000 if you're married filing jointly ($90,000 if you're filing single, head of household, or qualifying surviving spouse). See Table 1 and the instructions for line 3 or line 14.

You might need to calculate other credits first to properly apply the credit. While the maximum credit is $2,000 total per qualifying child, taxpayers who don't have that much tax liability may instead be subject to the lower $1,500 refundable credit limit.

For 2021, you may claim the credit on qualifying employment-related expenses of up to $8,000 (previously $3,000) if you had one qualifying person, or $16,000 (previously $6,000) if you had two or more qualifying persons.