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bsaqr
New Member

When I try to enter the advance Child Tax Credit payments for both my spouse and myself, turbotax rounds up the both of our amounts which ends up being an extra dollar.

I'm not sure if this is a bug in the software but when I enter the amount in the "advance payment amount" box for each of us, it rounds up the $.5 to a full dollar which ends up being an extra dollar, then the following page they say make sure the amount is exact, otherwise it could be rejected by the IRS.
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1 Reply
MinhT1
Expert Alumni

When I try to enter the advance Child Tax Credit payments for both my spouse and myself, turbotax rounds up the both of our amounts which ends up being an extra dollar.

TurboTax applies the IRS rounding rules.

 

In this case, what you could do is enter the $.5 for one spouse and omit it for the other spouse, so that the total corresponds to the total of the 2 letters 6419.

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