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@Bernie1181 wrote:
I don't believe your response is accurate. In two returns that I recorded in Turbo Tax, the application recorded the amount received as the Third Stimulus payment as an additional tax as shown on line # 23, Other Taxes of Form 1040. I believe line B1 (B2 for joint return) of the "Smart Worksheet for :Schedule 8812: Additional Child Tax Credit were populated with the amount of the Third Stimulus payment received resulting in the additional tax.
The 3rd stimulus payment would only be entered on your tax return if you indicated that you did not receive the stimulus payment. Then the Recovery Rebate Credit would be entered on your federal tax return Form 1040 on Line 30. The Recovery Rebate Credit has nothing to do with the Child Tax Credit.
Line 23 on the Form 1040 is only populated by the amounts entered on Schedule 2 Line 21. Schedule 2 Line 21 includes taxes only from the line items in Part II of the Schedule 2 as shown on this screenshot -
The Child Tax Credit for tax year 2021 is only entered as a refundable tax credit on Line 28 of the Form 1040. It is not entered as a non-refundable tax credit.
The only non-refundable tax credit related to a dependent would be the Other Dependent credit of $500 for a dependent that was age 18 or older in 2021.
