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Turbox Tax Only Showing $200 in Additional Child Tax Credits
Here is one I do not understand and could use some help on:
My wife and I each have a letter from the IRS showing we each received $900 in 2021 Advanced Child Tax Credits ($1,800 total).
When i go through the Deductions & Credits section of Turbotax and input this information, my calculation sheet only shows an Additional Child Tax Credit of $200.
What i don't understand is why my Additional Child Tax Credit is not $1,800 ( = $3,600 - $1,800 in Advanced Payments).
Can anyone help explain this? My daughter was born in 2019 if that helps.
‎April 16, 2022
4:33 PM