Schedule C

[dickersont]

Greetings,

I am doing some prior year returns and I am having a problem with Schedule C and the Child Tax Credit, When I enter information on a W2 screen, the child tax credit appears on the tax return. When I replace the W2 with the Schedile C the tax credit is taken away. Can someone tell me if I am missing something? I have been over the 8867 several times, but I am not able to figure it out.

[George4Tacks]

Is Schedule C a net positive income? Is this a married couple and you are confusing Taxpayer & Spouse? 

[Just-Lisa-Now-]

The 8867 wont control the credits on the return so dont waste time going over that.   

Why are you replacing one with the other?  How much income on Box 1 of W2?  How much income on Line 31 of Sch C?   

Is the credit taken away or is the refund just reduced?  Is the SE tax from Sch C eating up the credit so you dont see it in the refund anymore?