- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
Yes your daughter does have to file and report the advanced CTC payments received as reported on her 5419 letter. Depending on her income, she will probably not have to pay it back.
If you are now claiming the child on your tax return you can get the full amount of the CTC on your own return, It will show up on line 28 of your Form 1040.
PREVIEW 1040
https://ttlc.intuit.com/questions/1901539-how-do-i-preview-my-turbotax-online-return-before-filing
Click on Tax Tools on the left side of the screen. Click on Tools. Click on View Tax Summary. Click on Preview my 1040 on the left side of the screen.
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
‎January 30, 2022
5:50 PM