Just got a letter from the IRS. It looks like the Advanced Child tax credit is not handled correctly in the software. Did anyone else get dinged on this?

[xmasbaby0]

The software handles the advanced child tax credit just fine.   But confused users who enter incorrect answers end up with processing delays and mistakes that the IRS has to correct.

Federal>Deductions and Credits>You and Your Family>Child Tax Credit

The IRS is sending out letter 6419 to you.  It will show the amount of advance child tax credit that you received during 2021.  Enter the information from that letter carefully.   

The remaining amount of CTC that you can receive will show up on line 28 of your 2021 Form 1040.   Then it will calculate down to the refund you see on line 35a or the tax due on line 37.

PREVIEW 1040

https://ttlc.intuit.com/questions/1901539-how-do-i-preview-my-turbotax-online-return-before-filing

Click on Tax Tools on the left side of the screen. Click on Tools. Click on View Tax Summary. Click on Preview my 1040 on the left side of the screen.

[VolvoGirl]

Some people have even mixed up the 3rd Stimulus and the Child Tax Credit and entered the wrong amount or zero for the CTC.   The 3rd Stimulus goes on line 30 and the Child Tax Credit is on line 28.  Those lines are just for the extra amount, not the amount you already got.