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Deductions & credits
@lulutaxes3713 wrote:
I don't understand how it can be correct....when I calculate it all manually it should be $4,000
If there was not any advance child tax credits received in 2021 then the full Child Credit on the 2021 tax return of $7,200 is correct as reported on Line 28 of the Form 1040.
Go to this IRS website for the Schedule 8812 - https://www.irs.gov/pub/irs-pdf/f1040s8.pdf
And instructions - https://www.irs.gov/pub/irs-pdf/i1040s8.pdf
‎April 12, 2022
3:01 PM