BeaverDamn
Returning Member

After you file

@NCperson 

 

1) Checked all bank statements 3 times and verified I only received $3000 in 2021.

2) Line 11 states $0. I did file Joint married and AGI is >$200K but under <$400K.

3) $7200-$3000=$4200? (again only received $3000 in 2021)

4) Totally AGHAST! I didn't expect a refund but definitely did not expect an IRS based adjustment in owing $1500!

5) IRS Reason

"We changed teh refundable Child Tax Credit amount claimed on your tax return because there was an error on Schedule 8812, Credits for Qualifying Children and Other Dependents, in one of the following:

-The computation of the credit on Schedule 8812 was incorrect.

-The amount on Schedule 8812 was not transferred correctly to your tax return.

-You received advance Child Tax Credit payments but did not reconcile them or you reconciled them incorrectly."

6)14f = $1500 and 14i = $2500