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s_whelan
New Member

Where is the Line 5 worksheet referred to in schedule 8812?

I also just received a letter from the IRS saying there was an error on schedule 8812. How does TurboTax miscalculate line 5 as the only manual input (for my scenario) is number of children.
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2 Replies
JamesG1
Expert Alumni

Where is the Line 5 worksheet referred to in schedule 8812?

Did the IRS change your Federal refund?  

 

What amount is reported in Schedule 8812 Credits for Qualifying Children and Other Dependents line 5?  What amount are you told it should be?

 

 For tax year 2021, the Child Tax Credit increased from $2,000 per qualifying child to:

 

  • $3,600 for children ages 5 and under at the end of 2021; and
  • $3,000 for children ages 6 through 17 at the end of 2021.

The $500 nonrefundable Credit for Other Dependents amount has not changed. 

 

The Child Tax Credit phases out in two different steps based on your modified adjusted gross income (AGI) in 2021.

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Where is the Line 5 worksheet referred to in schedule 8812?

Unfortunately, TurboTax does not show the line 5 worksheet for their calculations.

 

You can manually fill out the worksheet from the Instructions to check the calculations:

https://www.irs.gov/pub/irs-pdf/i1040s8.pdf#page=4

 

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