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posted Jun 30, 2022 8:53:21 PM

On form 1040 of my federal return, should I have line 28 filled in with the amount from line 14i?

It states on line 14i of form 1040 that this is the remaining amount of my ctc and to fill in this amount of $3,850 to line 28. However, line 28 is blank on my return so would this cause me to not get any of my ctc?

0 2 532
2 Replies
Level 15
Jun 30, 2022 9:54:38 PM

 

Federal>Deductions and Credits>You and Your Family>Child Tax Credit

 

The IRS is sending out letter 6419 to you.  It will show the amount of advance child tax credit that you received during 2021.  Enter the information from that letter carefully.   

 

The remaining amount of CTC that you can receive will show up on line 28 of your 2021 Form 1040.   Then it will calculate down to the refund you see on line 35a or the tax due on line 37.

 

PREVIEW 1040

 

https://ttlc.intuit.com/questions/1901539-how-do-i-preview-my-turbotax-online-return-before-filing

Click on Tax Tools on the left side of the screen. Click on Tools. Click on View Tax Summary. Click on Preview my 1040 on the left side of the screen.

 

 

NOTE:   The CTC is indeed a “credit” that can be applied toward any tax liability that you would otherwise have to pay as “tax due”  to the IRS.

Level 15
Jul 1, 2022 3:15:48 AM

@mariahspeedy10 - are you using TT or are you doing this manually?????

 

14i is the line that is pulled over to Line 28 Form 1040.  This is automatic with Turbo Tax (which is why i ask if you are completing this manually????)

 

Line 28 is the additional CTC you are entitled to. 

 

something doesn't make sense......