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Get your taxes done using TurboTax

Yes, you still enter 1 in this section because the IRS was basing the advanced child tax credit payments based on the belief you were going to claim one child this year. If you did not receive Letter 6419, you can create an account on IRS.gov. They will have a record of advanced child tax credit payments made to you to verify that your records of what you received match theirs. Any discrepancy can result in a delay in processing your return. Generally speaking, if your child was under 6, you received up to $300 / month for 6 months or $1,800. If she was over 6 years old you received up to $250/month for a total of $1,500. 

 

Since you are not claiming your daughter this year, you may have to repay the advanced child tax credit you received. However, if your income is below certain thresholds, you are protected from having to repay that amount. The repayment protection depends on your filing status and begins to be reduced at these amounts:

  • $60,000 if you are married and filing a joint return or if filing as a qualifying widow or widower;
  • $50,000 if you are filing as head of household; and
  • $40,000 if you are a single filer or you are married and filing a separate return.

TurboTax Online will automatically apply the repayment protection if you are eligible for it.