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Deductions & credits
Turbo tax is not asking me to enter box 2 from the 6419 letter?
I have filled everything out for our taxes. Without the CTC added to the taxes my child credit is $6k. When I add it in it moves to $3k which makes sense because I received $3k. But... then $3k is added to my federal owed which to me negates the $3k I received in advance. The federal owed amount shouldn't change, the credit should just get adjusted to $3k.
March 11, 2022
6:13 AM