Is the "credit for other dependents " calculated correctly? The software is allowing it for dependents who lived in Mexico. Is there way to suppress the credit?

Forum|Forum|6 years ago
December 7, 2019
3 replies
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Lacerte Tax

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Best answer by itonewbie

There used to be a useful toggle until last year for "Dependent with ITIN (for CTC)". For some strange reason, Intuit doesn't find it helpful to re-purpose this toggle and removed it altogether.

There are still toggles on Screen 2 to suppress EIC and CTC but choosing to suppress CTC will have no impact on the partial credit of $500 (you would think otherwise, right?).

That leaves you one option, which is to call on our all POWERFUL "-1" and enter that on Screen 38.2 under "Child tax credit and other dependent credit (Form 1040, line 12)" as an override. Voila, the problem is gone ;-p

itonewbieAnswer

Level 15

There used to be a useful toggle until last year for "Dependent with ITIN (for CTC)". For some strange reason, Intuit doesn't find it helpful to re-purpose this toggle and removed it altogether.

There are still toggles on Screen 2 to suppress EIC and CTC but choosing to suppress CTC will have no impact on the partial credit of $500 (you would think otherwise, right?).

That leaves you one option, which is to call on our all POWERFUL "-1" and enter that on Screen 38.2 under "Child tax credit and other dependent credit (Form 1040, line 12)" as an override. Voila, the problem is gone ;-p

---------------------------------------------------------------------------------Still an AllStar

itonewbie

Level 15

BTW, the assumption is that the dependent is not a citizen, national, or LPR of the US.

---------------------------------------------------------------------------------Still an AllStar

G

garman22

Intuit Community Champion

There should be a box on the info worksheet for "not qualifying child or non US". That should eliminate that $500 credit.

T

TaxGuyBill

Level 15

The OP is using Lacerte, so I'm not sure if it is the same or not, but hopefully they have a similar entry.

M

mojocpa

Level 6

Just off the top of my head, I am in compilation mode now, but if there is no dependency exemption for them now and no credit for other dependents, why would you need them on the return? As a stopgap, you could suppress the Child Tax credit in Screen 2.

G

garman22

Intuit Community Champion

I asked the same thing....could be for HOH, medical expenses, or state issues. Maybe more but those came off the top of my head.

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