Adv CTC Rounding Issue for Married Filing Jointly
Turbotax rounds first, then adds, making it look like we received an extra dollar from the IRS that we did not receive
03297
3 Replies
DoninGA
Level 15
Feb 4, 2022 6:26:38 PM
When filing as Married Filing Jointly you can round down on one and then round up on the other to get the correct total. Only the total is used in calculating the child tax credit on the 2021 tax return.
mn301
Level 1
Mar 22, 2022 2:16:48 PM
Facing the same issue. Is it then workaround to use ? Thanks in advance.
DaveF1006
Expert Alumni
Mar 22, 2022 2:28:35 PM
If you are asking if this is the correct workaround, then yes it is.