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Level 3
October 14, 2022
Question

Form 8812

  • October 14, 2022
  • 2 replies
  • 20 views

New baby born 2021 why is Proseries calculating $2K and not $3,600, and where is Line 5 Worksheet?

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2 replies

Just-Lisa-Now-
Intuit Community Champion
October 14, 2022
Income limitation?
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
PHRCPAAuthor
Level 3
October 14, 2022

No income is $248K, thought it was the baby was born in 2021, but IRS site doesn't address 2021 births, just say 0-6 $3,600

Level 15
October 14, 2022

@PHRCPA wrote:

No income is $248K,


 

That is well past the the income limitation for the $3600 credit.

 

dkh
Level 15
October 14, 2022

ProSeries doesn't show the line 5 calculation   I use the IRS worksheet in the 8812 instructions to verify PS calculates correctly.