Box 2 on Form 8862 says - Check the box(es) that applies to the credit(s) you are claiming and complete the part(s) that matches the box(es) you marked.
This question is asking you to check the box of each credit listed on the form that you are claiming on your tax return.
- TurboTax will automatically enter the credits it thinks you have, but you also have the choice to use the check box to mark additional credits if you have claimed them on your return.
- The earned income tax credit is the a refundable tax credit for low to moderate-income working individuals that is given based on your earned income.
- The child tax credit is a credit you receive based on the children you have that are were born after January 1 2001
- The American Opportunity Credit is a refundable tax credit offered to those individuals who have out of pocket post-secondary education expenses
If you have any of these credits pending on your return, check the box below the respective credit so that it can be considered when the form is sent in to the IRS.
