I have four kids. My baby born in 2020 wasn’t accepted for the EIC. Also didn’t receive any child tax credits at all. The IRS cut us 9000 short. Can someone explain?
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You cannot get EIC for more than three children even if you have a fourth (or more) child. The limit is three.
As for the child tax credit----we do not know why you did not receive it. If you entered the children correctly as dependents on your 2021 tax return you should be getting CTC for all four children.
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. Make sure you did not say their Social Security numbers were not valid for employment. That will mess it up.
EIC is on line 27a of your Form 1040
The child tax credit should be on line 28 of your 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.
One thing----you can get the child tax credit for children UNDER the age of 18. If any of them were older than 18 at the end of 2021 you cannot get the child tax credit for them.
The Earned Income Credit remains the same for three or more children, so the fourth child would not impact the amount of credit received. If you did not receive any advanced child tax credit payments, you will be able to claim them all on your 2021 tax return. To add that to your tax return:
The IRS compares the amount of advanced credit you report to the amount they have on file. If the amounts do not agree, it can cause delays and reductions in your refund. If you are unsure of how much you received, the IRS should have sent Letter 6419 which tells you the amount they sent. You can also get this information on the IRS website.
To verify you are receiving both the Earned Income Credit and the child tax credit, you can preview your 1040:
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