Why is our child tax credit (Additional $5,100) not showing up on our return?

hiroskey4 · ‎January 6, 2022

We received the first half through 6 monthly payments ($850/month). Our income was similar in 2020 ($143K) and 2021 ($148k) and both were under the $150k threshold. Our return is about the same as last year, why am are we not seeing the additional $5,100 on top of our normal return?

xmasbaby0 · ‎January 6, 2022

The software and forms need to be updated for the CTC. And you are going to receive a letter 6419 in January that shows the advance CTC that you already received. Wait for the letter and for the software updates so that all of the information will be accurate for your CTC. The CTC will be shown on line 28 of your Form 1040.

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Critter-3 · ‎January 6, 2022

There are 2 calculations of the CTC that has 2 AGI limitations ... then add in the advance payments so your anticipated credit may be less than you expected ... review the CTC worksheet in the program and read up on them here :

https://www.irs.gov/credits-deductions/2021-child-tax-credit-and-advance-child-tax-credit-payments-t...