I have two kids:12 and 3. I am only getting a child Tax credit for one of them. We file jointly married and make under 150,000. Why?

[xmasbaby0 · Accepted solution]

Make sure you have entered your child as a dependent in My Info, and that you have entered the child's Social Security number. If your child was born in 2021make sure you said he lived with you the whole year.  There is an oddly worded question that asks if the child paid over half their own support.  Say NO to that question.

Federal>Deductions and Credits>You and Your Family>Child Tax Credit

The IRS is sending out letter 6419 to you.  It will show the amount of advance child tax credit that you received during 2021.  Enter the information from that letter carefully.   

The remaining amount of CTC that you can receive will show up on line 28 of your 2021 Form 1040.

PREVIEW 1040

https://ttlc.intuit.com/questions/1901539-how-do-i-preview-my-turbotax-online-return-before-filing

Click on Tax Tools on the left side of the screen. Click on Tools. Click on View Tax Summary. Click on Preview my 1040 on the left side of the screen.

NOTE:   The CTC is indeed a “credit” that can be applied toward any tax liability that you would otherwise have to pay as “tax due”  to the IRS.

[msimpson1]

This direction was right on the "money".  I had marked my younger son as not living with us for the entire year. A clerical mistake on my part. This of course cost us a tax credit last year and reduced stimulus money as well. 

I believe I will need to do an amended return for 2020 and apply for stimulus money not received as a result of my mistake.

Thank you for taking the time to assist us. It was very nice of you!