Hi,
Any one had same issue with refundable child tax credit?
Filed MFJ return, AGI is 363876. TI $326692
ProConnect calculated $3000 (form 8812) flow to 1040 line28. But client received a letter from IRS stating that the refundable credit is $2025.
The couple received only $1000 child tax credit (L6419).
Thanks!
Are you sure they didn't each receive a letter with $1,000? Or maybe another letter for $1,025?
Today I came across a letter 6425 on the EIP3 which said the husband received $2,100 and the wife only $700. The $2,800 total is correct because neither has had a dependent for many years and their income has been less than $100K. But when did IRS start favoring the man of the house?
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