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Tax law changes
@xmasbaby0 gave excellent links. Remember the Child Tax Credit is non-refundable meaning you only get enough to take your tax on line 18 down to zero. After that you may get up to 1500 per child as a refundable Additional Child Tax Credit on line 28 which is not related to your tax bill. Last year the Child Tax Credit was higher and all refundable meaning you got that back no matter what your tax was.
You can view your 1040 in online versions using these steps.
- Click "Tax Tools" in the left hand menu
- "Tools"
- "View Tax Summary" in the main screen
- "Preview my 1040" in the left hand menu
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‎January 25, 2023
9:20 AM