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Deductions & credits
Thanks for clarification. I see the child credit at line 28 as $3300. But please look at my 1040 preview below here for 2021. Last year(2019) tax at line 24 was around $5000, because it deducted $4000 child credit from tax, which was same 9k. So I was expecting this year also, it should deduct $3300 from my tax so It will show that in final refund in 35a.
Is this how it will be calculated this year, just curious to know ?
‎February 12, 2022
4:59 PM