Welcome back! Ask questions, get answers, and join our large community of tax professionals.
- Topics
- Training
- Community
- Product Help
- Industry Discussions
- User Groups
- Discover
- Resources
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
- Intuit Accountants Community
- :
- ProSeries Tax
- :
- ProSeries Tax Discussions
- :
- Re: 8812 Not calculating credit correctly
8812 Not calculating credit correctly
Options
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
cclark
Level 3
03-30-2022
10:07 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I have a client with 3 kids, all under 18. The 8812 states kids at 3 but the calculation is not calculating correctly. 3 kids x 3000 should be $9,000 but it only calculates $6,000. MFJ makes $200,000 per year. When I look at line 5 on the 8812 which states enter the amount from Line 5 worksheet which is not in the basic program, so I pulled it up on the IRS website and the worksheet is only calculating the dependents 3 x $6,000. I have doubled checked all dependent information and it's all correct.
I have done several other form 8812 which calculate correctly so why is this not calculating correctly??
I have looked at the prior questions but none have this problem. Any ideas??
Labels
1 Comment 1
