February 10, 2022, a calculation error with the Oklahoma State Child Tax Credit was identified. This calculation can occur when there is Advanced Child Tax Credit Payments present, resulting in an understated Child Tax Credit.
A program update was released on February 15, 2022 (Version 42.0215) to address this behavior, and version blocking was implemented to prevent returns from being transmitted on a prior version.
After reviewing your rejected Oklahoma return(s), these filings can be re-transmitted/e-filed. Any impacted returns filed and accepted prior to February 10, 2022, should also be reviewed and may require amendment.
The following tool can be utilized to identify all impacted returns by simply entering your Customer Account Number:
Find My 2021 Oklahoma Child Tax Credit Returns with Calculation Changes
Locating your customer account number in Lacerte:
- Click your Settings dropdown menu
- Select Options
- Click the Firm Info tab
- Your customer account number is listed as Lacerte Customer #
