We received two 6419 for our children. Taxes requires adding total amount of box 1 for both of us thus making it double the amount we actually received. Help?

Spouse and I both received a letter, which now I can't locate. I looked us both up in the IRS portal and it shows the correct amount paid to us (checked again in my bank account), but it shows that same amount under both of our accounts. So, when I add information for both of us, Turbotax shows that we got double the amount we actually received. Help?

351

Expert Alumni

Jan 26, 2022 8:45:49 AM

While the total deposit for Advanced Child Tax Credit payments shows on the IRS portal under each taxpayer, the letters split the payments to accurately reflect the credit given. Each parent was entitled to 1/2 of each payment.

So, if your deposits added to $1,500 in total then the letters split the funds and applied $750 to you and $750 to your spouse. This is how you should enter the information in TurboTax Online.

For the specific steps to enter the info into TurboTax Online please see How do I enter my advance Child Tax Credit payments in TurboTax?

Level 1

Jan 26, 2022 8:50:18 AM

Oh, ok great. The instructions in Turbotax AND on the IRS website don't mention that at all. I'll get that corrected.

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We received two 6419 for our children. Taxes requires adding total amount of box 1 for both of us thus making it double the amount we actually received. Help?