JamesG1
Employee Tax Expert

Deductions & credits

Are you able to view the computations that the software made for the Child Tax Credit

 

Line 12 of the Federal Schedule 8812 should compute the full $6,600.  Line 28 of the Federal 1040 reports the refundable amount after deducting the $3,300 in advance payments.

 

The full amount of the Child Tax Credit is not reported on the 2021 1040 Federal tax return, only the net amount after applying the advance payments.

 

To view Federal 1040 line 28, go to Tax Tools / Tools / View Tax Summary / Preview my 1040.

 

In your case, Line 12 of Federal Schedule 8812 should report your full Child Tax Credit. and Line 28 of the Federal 1040 should report $3,300.

 

See also this TurboTax Help.

 

 

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