@tblaze27 wrote:
Comparing this years to last years, it shows on line 16 that my tax is $5851, just shy of the missing 6k. Again, every year for the past 5 years line 16 on my 1040 is $0. The only thing that changed was the new CTC. The new CTC was supposed to be fully refundable, non-taxable. But it appears from line 16 that is not the case. Why would my tax go from 0 to $5851? Anyone?
Line 16 on the Form 1040 is the tax on your taxable income shown on Line 15. It has nothing to do with the CTC or any other credit.
For tax year 2021 the child tax credit is fully refundable and is entered on Form 1040 Line 28.
