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Deductions & credits
So on Schedule 8812, line 27 it was blank. Line 14 was $2000 so this looks like the standard child tax credit. This lowered my taxes due from $7500 to $5500 resulting in a tax refund of $2500. I was under the impression that if I am getting a refund that I can't use that full $2000 but maybe I am just mistaken at how I am interpreting how to apply the child tax credit? Can you try to explain? Thanks
‎February 13, 2025
7:35 AM