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Deductions & credits
What cleared this up for me was:
The remaining amount of CTC (emphasis added) that you can receive will show up on line 28 of your 2021 Form 1040.
I had originally thought that the value on the line was the total eligible amount including the funds already received.
2 kids @ $3,600
=====================
$7,200 (what I saw on line 28)
You answer cleared up that the math was actually:
2 kids @ $1,800 (remaining credit)
+ 1 kid @ $3,600 (full credit)
=====================
$7,200 (what I saw on line 28)
Thank you!
‎January 30, 2022
10:50 AM
1,210 Views