RaifH
Expert Alumni

Deductions & credits

Letter 6419 reports the amount of advanced child tax credit you received.  This came as monthly payments from July through December 2021. TurboTax will calculate the amount of remaining child tax credit that you may include on your return by calculating how much you should get based on your household and reducing that by the amount you already received that was reported to you on Letter 6419. 

 

If you are owed additional child tax credit, it appears on Line 28 of Form 1040. You can enter the amount of child tax credit received in TurboTax using these steps:

  1. In the Deductions & Credits section of your tax return, go to Advance Payments, Child and Other Dependent Tax Credits then hit Continue.
  2. Answer Yes to Was your main home located in the U.S. for 6 or more months during 2021?
  3. Answer Yes to Did you receive any advance Child Tax Credit payments in 2021 and enter the amount then hit Continue.
  4. Enter the amount from Box 2 of Letter 6419
  5. Click None of these apply to me if you are not in one of the uncommon situations.
  6. Verify the amount you received.

These instructions only apply if you have not already filed your tax return. If you have not yet filed, you should be able to see Federal listed on the left-hand menu under 2021 Taxes. You will then be able to verify the amounts you reported for the child tax credit and the recovery rebate credit.

 

If you have already filed, then it is too late to change what you filed. If you made an error, the IRS may automatically catch it and adjust your refund. If you think you reported the amounts on Letters 6419 or 6475 incorrectly and the IRS does not automatically adjust your return, you will have to amend your return. You have until April 18, 2025 to file an amended return for this year. 

 

@frang7