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Deductions & credits
The $2000 CTC is used first to pay towards your tax liability. Once your liability is at zero, the rest of the refundable portion can be added to your refund and will be shown on line 28 of your Form 1040.
Look at your 2024 Form 1040 to see the child-related credits you received
PREVIEW 1040
Child Tax Credit line 19
Credit for Other Dependents line 19
Earned Income Credit line 27
Additional Child Tax Credit line 28
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
January 26, 2025
6:35 PM