Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

Child Tax Credit

Ochumare
Level 3

Have a mother that has a TIN claiming 2 qualifying children under the age of 17 with social security numbers, yet the CTC is not credited.  Any ideas why?   TIA

0 Cheers
1 Best Answer

Accepted Solutions
Just-Lisa-Now-
Level 15
Level 15

Does she have an INCOME tax liability?   Im not sure if CTC will reduce SE taxes or not....look at the 1040, follow the money, does the SE tax get computed on the line beneath the CTC or above it? 

I think CTC only reduces income tax, not SE tax.  The refundable portion of ACTC would reduce SE Taxes, but you wouldnt get that unless you had regular income tax liability as well.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

View solution in original post

5 Comments 5
Just-Lisa-Now-
Level 15
Level 15

does she have a tax liability?


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
Ochumare
Level 3

Hi Lisa,  thanks for the quick response.   Yes,  mom is self employed  (Sch C) and all is reported yet on form 8812 all calculations are right yet line 14  shows $0.00  Contacted Proseries multiple times and they can not help, as they do not why.  UGRRRR

0 Cheers
Ochumare
Level 3

I understand the mom does not qualify for certain things but the kids are US citizen and have active SS.   Not sure if because of mom's situation then credit is not applied.  Is that it?

0 Cheers
Just-Lisa-Now-
Level 15
Level 15

Does she have an INCOME tax liability?   Im not sure if CTC will reduce SE taxes or not....look at the 1040, follow the money, does the SE tax get computed on the line beneath the CTC or above it? 

I think CTC only reduces income tax, not SE tax.  The refundable portion of ACTC would reduce SE Taxes, but you wouldnt get that unless you had regular income tax liability as well.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
Ochumare
Level 3

Checked all information you gave me, thanks so much.  Goes back to your original answer.   Because the income is so low, there is no income liability.  Thanks a million