Does anyone know the reason of $1,000 on Part VII Young Child Tax Credit (YCTC) #24, which I did not claim? #28 in the same part is blank. Should I just ignore this?

junichim500 · ‎February 5, 2020

JohnW222 · ‎February 6, 2020

If you'll look at the paper version of California's Form 3514, California Earned Income Tax Credit, you'll see that $1,000 is pre-printed in line 24, Available Young Child Tax Credit.

The $1,000 you're seeing is used in the computation of the credit, acting as a maximum credit.

Since you're not claiming the credit, just disregard the amount. It's just part of the form, anyway.

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JohnW222 · ‎February 6, 2020

If you'll look at the paper version of California's Form 3514, California Earned Income Tax Credit, you'll see that $1,000 is pre-printed in line 24, Available Young Child Tax Credit.

The $1,000 you're seeing is used in the computation of the credit, acting as a maximum credit.

Since you're not claiming the credit, just disregard the amount. It's just part of the form, anyway.

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

junichim500 · ‎February 6, 2020

Thank you very much John. I really appreciate your help.

faviandresdiego · ‎March 9, 2020

I had the same question, was so confused about line 24 because I kept seeing $1,000. Thankfully, I found this reply and my taxes are good to submit.

Thank you for your help!

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