Tax Planner - Refundable Child Tax Credit

Forum|Forum|2 years ago
February 19, 2024
3 replies
11 views

When I create the tax planner, it is populating the "Refundable Child Tax Credit" for 2024 with $1,700. Is a single taxpayer in their lower 20's, with no kids, eligible for this credit in 2024?? The tax planner says they are.

I did investigate this and none of the articles / publications I read mention credit being available for someone without children.

ProSeries Professional

Best answer by IRonMaN

It's been an issue since the first ProSeries user tried running the tax planner in January. Just override the credit and you are good to go.

A

Anonymous

Hi @GodFather
This unexpected behavior has been reported and we will let you know when there is an update. Thanks for the report. -Gabi

GodFather

Author

Intuit Community Champion

Thanks very much, Gabi.

IRonMaNAnswer

Level 15

It's been an issue since the first ProSeries user tried running the tax planner in January. Just override the credit and you are good to go.

Slava Ukraini!

P

PegE

Level 2

I have been getting the same error. Overrode the field with zero till it's fixed.

A

Anonymous

We should be seeing a fix for this by the end of the week. Thanks for the workaround @IRonMaN @PegE @GodFather

J

JimS12

Level 2

Hi: This issue seems to be recurring in the ProSeries Basic for 2024 (2025 projection). Jim

Sign up

Login with SSO

Let's get you signed in

Login with SSO