The Child Tax Credit Payment rounds up by a dollar due to the credit ending in $0.50 showing we received one dollar more than we did. How do I fix this?

posted

Connect with an expert

3 Replies

The Child Tax Credit Payment rounds up by a dollar due to the credit ending in $0.50 showing we received one dollar more than we did. How do I fix this?

The IRS requires rounding. Accept the value given by the program.

The Child Tax Credit Payment rounds up by a dollar due to the credit ending in $0.50 showing we received one dollar more than we did. How do I fix this?

Round up one of the amounts and round down the other person's amount. Only the total gets reconciled.

The Child Tax Credit Payment rounds up by a dollar due to the credit ending in $0.50 showing we received one dollar more than we did. How do I fix this?

See Critter's answer and screen shot on this one,
https://ttlc.intuit.com/community/taxes/discussion/re-entering-2-child-care-advance-payments-of-89-5...

Still have questions?