IRS Form 8862 walkthrough (Information to Claim Certain Credits After Disallowance)

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Taxpayers file IRS Form 8862 to claim one of the following tax credits after IRS disallowance, if they believe they meet the criteria:
-Earned Income Credit (EIC)
-Child Tax Credit (CTC)
-Refundable Child Tax Credit (RCTC)
-Additional Child Tax Credit (ACTC)
-Credit for Other Dependents (ODC)
-American Opportunity Tax Credit (AOTC)
You must complete Form 8862 and attach it to your tax return to claim the EIC, CTC, RCTC, ACTC, ODC, or AOTC if you meet the following criteria for any of the credits.
IF... AND... THEN...
Your EIC for a year after 1996 was reduced or disallowed for any reason other than a math or clerical error You now meet all the requirements for and want to take the EIC You must file Form 8862
Your CTC, RCTC, ACTC, or ODC for a year after 2015 was reduced or disallowed for any reason other than a math or clerical error You now meet all the requirements for and want to take the CTC, RCTC, ACTC, or ODC You must file Form 8862
Your AOTC for a year after 2015 was reduced or disallowed for any reason other than a math or clerical error You now meet all the requirements for and want to take the AOTC You must file Form 8862
This is an Image: caution.gifYou must attach the applicable schedules and forms to your return for each credit you claim. You may be asked to provide other information before any refund claimed is issued.
Exceptions. Do not file Form 8862 if:
After your EIC, CTC/RCTC/ACTC/ODC, or AOTC was reduced or disallowed in an earlier year (a) you filed Form 8862 (or other documents) and your credit was then allowed, and (b) your credit has not been reduced or disallowed again for any reason other than a math or clerical error.
You are claiming the EIC without a qualifying child and the only reason your EIC was reduced or disallowed in the earlier year was because it was determined that a child listed on Schedule EIC was not your qualifying child.
In either of these cases, you can take the credit(s) without filing Form 8862 if you meet all the credit’s eligibility requirements.
Do not file Form 8862 for the:
2 years after the most recent tax year for which there was a final determination that your EIC, CTC/RCTC/ACTC/ODC, or AOTC claim was due to reckless or intentional disregard of the rules, or
10 years after the most recent tax year for which there was a final determination that your EIC, CTC/RCTC/ACTC/ODC, or AOTC claim was due to fraud.
In either of these cases, you cannot take the credit(s).
Have an ITIN instead of an SSN? You must have a valid SSN to claim the EIC. An SSN is valid for EIC unless it was issued after the due date of your 2022 return (including extensions) or it was issued solely to apply for or receive a federally funded benefit and does not authorize you to work. You can have an ITIN instead of an SSN to claim the CTC, RCTC, ACTC, ODC, or AOTC. If you have an ITIN, enter your ITIN in the "social security number" space on the form.
Need more space for an item? If you need more space for an item, attach a statement to the end of your return that includes your name and SSN (or ITIN). Number each entry on the statement to correspond with the line number on Form 8862.

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[@teachmepersonalfinance2169]

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[@teachmepersonalfinance2169]

Please feel free to check out our article, where we've written step by step instructions to help you walk through this tax form! www.teachmepersonalfinance.com/irs-form-8862-instructions/
Additionally, here are links to other articles related to the tax credits mentioned here:
EIC: www.teachmepersonalfinance.com/irs-form-15111-instructions/
AOTC: www.teachmepersonalfinance.com/irs-form-8863/
If you’re looking for tutorials for other IRS Forms that you can file directly through the IRS website, check out our free fillable forms page: www.teachmepersonalfinance.com/free-fillable-tax-forms/

[@Tiffany.B.]

Hello. Can I amend my taxes this to include the 8862?

[@teachmepersonalfinance2169]

I don't know enough about your tax situation to be able to answer this question. You would file Form 8862 if your credit was disallowed in a . But the IRS also states that you should be very sure that you've addressed the issues that previously caused your tax credit to be disallowed. Otherwise, you could be banned from claiming credits in future years, .