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