turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

blo1984
New Member

2022 Tax Owed is $7724. Detail shows WH of $8822, Fed Child Credit $2000, and Child Care Credit of $255. TT subtracted only $8822 WH from tax owed. Is that right??

I am looking at Federal Review for this, and went back to 2021taxes and compared.  The above is not what 2021 return did.
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies
MinhT1
Employee Tax Expert

2022 Tax Owed is $7724. Detail shows WH of $8822, Fed Child Credit $2000, and Child Care Credit of $255. TT subtracted only $8822 WH from tax owed. Is that right??

On your form 1040, the child tax credit and the child care credit have been subtracted from your tax to arrive at your tax liability on line 24 of form 1040.

 

Then your withholdings and estimated tax payments are subtracted to arrive at your refund or tax due.

 

You can preview your form 1040 to make sure that everything is correct.

 

  1. In TurboTax, open your return
  2. In the left-hand column, locate Tax Tools, click on the drop-down arrow then click on Tools
  3. On the Tools Center page, click on View Tax Summary
  4. In the left-hand column, click on Preview my 1040
  5. Your form 1040 will display.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

2022 Tax Owed is $7724. Detail shows WH of $8822, Fed Child Credit $2000, and Child Care Credit of $255. TT subtracted only $8822 WH from tax owed. Is that right??

Need 8822 credit

DawnC
Employee Tax Expert

2022 Tax Owed is $7724. Detail shows WH of $8822, Fed Child Credit $2000, and Child Care Credit of $255. TT subtracted only $8822 WH from tax owed. Is that right??

Form 8822 is for an IRS address change.   What credit are you trying to enter?   If it is for a state, what state?  @Consuelo Olvera  

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question