Recover rebate credit for 23 yr old

Forum|Forum|5 years ago
February 11, 2021
3 replies
16 views

Proseries basic is calculating a credit for a 23 yr old dependent college student. The child tax credit is not checked and this is the only dependent. The dependent is listed in the first dependent box. There were 3 sons at one point but two have aged out and are no longer dependents.

ProSeries Basic

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itonewbie

Level 15

Maybe an obvious question but did you verify that PS has the correct DoB for this student on the parents' return?

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

T

TaxGuyBill

Delete the entire "line" for the dependent by right-clicking, then select delete line.

Do it again for the top blank space.

Re-enter the dependent.

M

Mohamed

Level 5

Fix it manually if you need to, I had a client with 2 dependants over 17 as soon as I removed one of them the recovery rebate calculate credit for the second one (19 years), so I had to adjust it manually by multiplying $500 * # of dependant remaining.

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