Followed it all the way to the Schedule 8812 and the amount that just showed up on Line 13 of that form. Where did that come from?? You did not show a Credit Limit Worksheet A part and how to fill that out to get the Line 13 on that 8812 form.
Wait, you totally skip over Line 13 of Schedule 8812: Credit Limit Worksheet A. You have a number entered there, and the $4,000 only carries to Line 14 if it is smaller than the amount in Line 13 (from Credit Limit Worksheet A). I can't find Credit Limit Worksheet A anywhere.
Great Video! I was wondering when should people file married filed separately. Let's say one spouse cashed out an IRA early and didn't have tax withheld but that was the spouse's only income, let's say 35K. Wouldn't it make sense to file separately and have the spouse who withdrew the 35k claim the child tax credit?
Followed it all the way to the Schedule 8812 and the amount that just showed up on Line 13 of that form. Where did that come from?? You did not show a Credit Limit Worksheet A part and how to fill that out to get the Line 13 on that 8812 form.
Wait, you totally skip over Line 13 of Schedule 8812: Credit Limit Worksheet A. You have a number entered there, and the $4,000 only carries to Line 14 if it is smaller than the amount in Line 13 (from Credit Limit Worksheet A). I can't find Credit Limit Worksheet A anywhere.
It's in the instructions for 8812. I keep calculating 0 which limits my child credit to zero (though im sure we qualify). Very frustrating!
Oh, i figured out the calculation. If it's the simplest case, the limit is your tax due from the tax table. I think! That's what I'm putting anyway.
Great explaination of concept one of the best, but flipping back And forth got to me. Dizzy after watching the video. Wow
Which Tax Filing program/app are you using? I'm using the form provided in the IRS website. I like how yours 'Autofills' and does the math.
pdftax.com/
numbers on line 13 ??? I am confusing
Thank you! Super clear and informative. Was struggling with line 13 on schedule 8812 and you cleared my issues right up!
You just saved me some stress! Took me the whole day to find this video! Thank you so much
Can you do one for people on SSDI and 1 dependant
Great Video! I was wondering when should people file married filed separately. Let's say one spouse cashed out an IRA early and didn't have tax withheld but that was the spouse's only income, let's say 35K. Wouldn't it make sense to file separately and have the spouse who withdrew the 35k claim the child tax credit?
You just made that SO EASY
From what I understand, you can only get back as much as you pay in to the fed, nothing more, unlike last year
EXCELLENT VIDEO VERY CLEAR
Paid over $18k for ChildCare and only getting $600 back smh
Do you have a 1040SR for seniors to tax form to show line by line!
Great video!! I love seeing exactly how to understand the tax forms!!!
great help
Well explained. Thank you👍🙏
I'm on SSI so I won't be able to claim my son ?
Wondering same thing. I was able to claim last year, but this year having issues
Did you ever get the answer for this? My daughter is in the same situation.