When inputting the child tax credit payment amounts for my husband and I, TT is rounding those numbers up to the whole dollar amount, making total wrong. How do I fix?

hollyscarbrough · ‎February 15, 2022

Both my husband and I's letters show we received $562.50 each. When adding those numbers in, TT changes them both to $563 which makes the total wrong. They are notating all over that page encouraging you to enter the exact amounts so I'm afraid to leave it as is! How do I fix?

xmasbaby0 · ‎February 15, 2022

Outsmart the software. Round one up by a dollar and round one down by a dollar so it comes out even. Example: 10.50---round up to 11 10.50 round down to 10 you get 21 when they add together and it keeps the software happy. And all you need is the real total to keep the IRS happy.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

DoninGA · ‎February 15, 2022

Only the Total advanced child tax credit received is used to calculate the refundable Child Tax Credit that is entered on your 2021 tax return. So just enter $563 for you and $562 for your spouse so the total is correct.

Vanessa A · ‎February 15, 2022

You can enter 562 for one of you and 563 for the other. The numbers will be combined to total the correct number when reported on your return.

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When inputting the child tax credit payment amounts for my husband and I, TT is rounding those numbers up to the whole dollar amount, making total wrong. How do I fix?