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Deductions & credits
No, you didn't do anything wrong. In spite of the way the question is worded on the 1040 form, this check box only applies to former foster youth and not to other taxpayers between 18 and 24 who qualify for the credit.
Here is the IRS instruction for this check box:
"Line 27a checkbox. A qualified former foster youth must consent for entities who administer a plan under part B or part E of title IV of the Social Security Act to disclose information related to their status as a qualified former foster youth. This consent is given by checking the box on line 27a. Qualified homeless youth are required to certify that they are unaccompanied, homeless or at risk of homelessness, and self-supporting by checking the box on line 27a."
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March 15, 2022
10:58 AM
1,637 Views