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For the IRS Form 6475, do I combine what myself and my husband received individually?

 
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2 Replies

For the IRS Form 6475, do I combine what myself and my husband received individually?

if you're filing jointly then yes.

 

ColeenD3
Expert Alumni

For the IRS Form 6475, do I combine what myself and my husband received individually?

 

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?

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