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Just-Lisa-Now-
Intuit Community Champion
February 7, 2022
Question

I feel dumb even asking, I must be completely overlooking something.....refundable child care credit, Line 10 of the 2441

  • February 7, 2022
  • 4 replies
  • 20 views

IRS was promoting the fully refundable child care credit deal, but Im not seeing it in action.

Ive got a single parent with 2 kids, paid out $14,113 in child care.   I see the 50% amount on Line 9a of the 2441 ($7057) , but then I only see a non refundable amount on Line 11 $3625 (which is the amount of tax liability she has and wipes it out to zero).

Line 10 of the 2441 is the line for refundable child care credit, which is empty, but that appears to be a fill in line, are we suppose to fill that in ourselves?

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4 replies

Just-Lisa-Now-
Intuit Community Champion
February 7, 2022

OK, I did totally overlook something, there's a box at the top of the 2441 that you need to check for the refundable portion to be computed!  DOH!

Thanks @garman22 !!

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
qbteachmt
Level 15
February 7, 2022
Just-Lisa-Now-
Intuit Community Champion
February 7, 2022
Once I checked that box at the top of the form, everything flowed as expected.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
Level 5
February 7, 2022

You need to check the box B on the top of the form 2441

Level 15
February 7, 2022

Thanks for pointing that out, I hadn't come across that yet.

But it seems rather bizarre why we would need to check than additional box.  It would seem more logical to need to check a box if they DON'T qualify for it to be refundable.

GodFather
Intuit Community Champion
February 7, 2022

Just curious, why would someone who is eligible choose not to accept it?  I'm probably missing something but is there a negative to taking it?

Just-Lisa-Now-
Intuit Community Champion
February 7, 2022
if their place of abode wasnt in the US, you dont get the refundable portion. You have to check the US abode box for it to compute the refundable portion..
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪