Hello Experts,
I get these two following summary screens while filing my taxes. I am not sure why child tax credit ($2000) and home energy credit of ($25) is not getting counted towards federal refund calculations. Based on first screen I need to pay $3817 federal tax but TurboTax shows I owe $5842 tax. Can someone please help clarify? Thank you in advance.
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You would need to preview your tax return to see whether or not the tax credits are being applied. Page 2 of Form 1040, line 28 will show your Child Tax Credit which is pulled from Form 8812. Your total credits on line 33 which includes your W-2 withholding will be reflected on line 33.
The amount shown on line 33 less Total Tax on line 24 will be your refund.
You can view your entire return or just your 1040 form before you e-file:
Thank you for your reply. Appreciate it.
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