The instruction stated subtract line 21 from line 18 which does not give a negative number.
Sorry but it does give a negative number.
Using your numbers
Line 18 7,500
- Line 21 -13,500
Equals -6,000
A -6,000 is negative and less than zero.
I spoke with someone in the IRS and told me that I am supposed to subtract the 7.5ev credit first, so even if my tax liability 16 is 5k, it will still amount to zero.
RIGHT, EXACTLY. As we've been saying the credit will only reduce your tax to zero. Then you get back all your withholding and any refundable credits. The Child Tax Credit is not refundable but any Additional Child Tax Credit line 28 is refundable. I'm not sure how the Additional Child Credit works. @xmasbaby0
