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Level 1
January 13, 2022
Question

Child Tax Credit

  • January 13, 2022
  • 1 reply
  • 6 views

When I enter an advance child tax credit received in advance of $1,500 and the parent does not claim the dependency due to divorced, the Form 8812 calculates only $922 of additional tax.  Why?  Expected the full $1,500 to be additional tax.  This is a case of alternating years for the dependency. When I enter number of children as zero, it calculates the $1,500 bu

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1 reply

rbynaker
Level 13
January 13, 2022

Is there a partial phase out of the safe harbor amount due to the applicable income threshold?