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Get your taxes done using TurboTax
Your reply below, and all the other replies I've read on this topic in this thread, make perfect sense. As I go back through my return, I see that my income (MFJ) is below the $150k threshold and my 3 children under 18 qualify me for the full amt of the credit (i.e., 3 x $3,000 = $9,000 and that is what TurboTax software calculated on my return.
My problem is: just received notification from IRS that the credit was calculated incorrectly. They state that calculation should be half that ($4,500). Before I challenge this, I wanted to see if maybe I missed something when using the TTax software? Any thoughts on this would be welcome. I did not manually override any features.
‎December 14, 2022
1:42 PM