Child tax credit not calculating?

Forum|Forum|4 years ago
February 5, 2022
1 reply
11 views

I have a client with two children eligible for the $3K child tax credit. Married filing jointly AGI is just over 73K. Advanced payments totaled $3K. The software is calculating no additional child tax credit due when I believe it should be an additional $3K. I don't have the boxed checked in the dependent section stating they are not eligible. Am I missing something?

ProSeries Basic

This topic has been closed for replies.

Best answer by Just-Lisa-Now-

You have to follow the money...scroll down further, you should see 3000 on Line 14i that should transfer to Line 28 of the 1040. Where does it go wrong?

Just-Lisa-Now-

Intuit Community Champion

Look at the 8812, whats on Line 5? it should be 6000.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

S

stacydobsonAuthor

Level 2

It is 6K, but it's not translating to the return.

Just-Lisa-Now-

Answer

Intuit Community Champion

You have to follow the money...scroll down further, you should see 3000 on Line 14i that should transfer to Line 28 of the 1040. Where does it go wrong?

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

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