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Child Tax Credit not calculating

I can't get TurboTax to recognize my $9,000 Tax Credit (due to 2021 increases for 3 dependents under 18) and only shows my advanced payments I received which took a huge hit to my tax refund/payment.

 

Shouldn't that $0 be $9,000?

 

TurboChildCredit.JPG

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2 Replies

Child Tax Credit not calculating

What's on 1040 line 19 & 28?  Your tax returns does not show the advance payments. just the amount you still get.   Turbo Tax started out giving you the full amount.  So you saw a high refund.  Then you enter what you already received so it subtracts it. Check 1040 lines 19 and 28 and schedule 8812.

 

Before filing you can preview the 1040 or print the whole return
https://ttlc.intuit.com/community/accessing/help/how-do-i-preview-my-turbotax-online-return-before-f...

Child Tax Credit not calculating

Thank you for the quick reply!

 

 

19 - blank

28 - $4500

 

 

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