jake64
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Wow, thank you! I finally understand how this credit works. The way the rule reads (to me at least) is that I can't use it towards my refund...in other words si...
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So on Schedule 8812, line 27 it was blank. Line 14 was $2000 so this looks like the standard child tax credit. This lowered my taxes due from $7500 to $5500 res...
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Ok thanks. I’ll check that out tomorrow and let you know either way.
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I’m getting a refund of $2500…that’s what I’m saying, it doesn’t make sense. I should only be getting $1700 towards my refund. This is the additional tax credit...
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It says total credits: $2,000. I don't have any other credits. I'm concerned that is an error in TurboTax that I can't fix.
Activity Feed for jake64
- Cheered Re: Why am I getting the full Child Tax credit of $2,000 as a refund? for MayaD. February 13, 2025 9:10 AM
- Posted Re: Why am I getting the full Child Tax credit of $2,000 as a refund? on Deductions & credits. February 13, 2025 9:09 AM
- Posted Re: Why am I getting the full Child Tax credit of $2,000 as a refund? on Deductions & credits. February 13, 2025 7:35 AM
- Posted Re: Why am I getting the full Child Tax credit of $2,000 as a refund? on Deductions & credits. February 12, 2025 4:53 PM
- Posted Re: Why am I getting the full Child Tax credit of $2,000 as a refund? on Deductions & credits. February 12, 2025 3:42 PM
- Cheered Re: Why am I getting the full Child Tax credit of $2,000 as a refund? for CatinaT1. February 12, 2025 2:56 PM
- Posted Re: Why am I getting the full Child Tax credit of $2,000 as a refund? on Deductions & credits. February 12, 2025 2:55 PM
- Posted Why am I getting the full Child Tax credit of $2,000 as a refund? on Deductions & credits. February 12, 2025 2:26 PM