KeshaH
Expert Alumni

Get your taxes done using TurboTax

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I've looked at your Schedule ICR. The amount on line 5 is not pulling from line 3 of the Smart Worksheet. I confirmed this by changing the amount on line 3 of the smart worksheet and it didn't change the amount of the credit on line 5.

 

Instead, the issue you're running into is your income. There's an income limit of $500,000 for this credit. Since your income is over that threshold, you don't qualify for this credit.

 

Source: 2024 Schedule ICR Instructions