About Schedule 8812 Form 1040, Credits for Qualifying Children and Other Dependents Internal Revenue Service

Enter on line 18b the total amount of nontaxable combat pay that you (and your spouse if filing jointly) received in 2023. This amount will be reported either on line 1i of Form 1040, or 1040-SR, or should be shown in Form W-2, box https://turbo-tax.org/ 12, with code Q. If you are a U.S. citizen or U.S. national and your adopted child lived with you all year as a member of your household in 2023, that child meets condition (3), earlier, to be a qualifying person for the ODC.

1. Self-Employment Tax Return (Including the Additional Child Tax Credit for Bona Fide Residents of Puerto Rico), instead of Form 1040 or 1040-SR and Schedule 8812 if you aren’t required to file Form 1040 or 1040-SR.
2. On line 21, include all your withheld social security, Medicare, and Additional Medicare taxes, including those taxes withheld by Puerto Rican employers that are shown on Puerto Rico Form(s) 499R-2/W-2PR.
3. The above article is intended to provide generalized financial information designed to educate a broad segment of the public; it does not give personalized tax, investment, legal, or other business and professional advice.
4. Enter on line 18b the total amount of nontaxable combat pay that you (and your spouse if filing jointly) received in 2023.
5. Use Schedule 8812 (Form 1040) to figure your child tax credits, to report advance child tax credit payments you received in 2021, and to figure any additional tax owed if you received excess advance child tax credit payments during 2021.

Who can claim the Additional Child Tax Credit?

Eligible families will receive advance payments, either by direct deposit or check. Your child turned 17 on December 30, 2023, and is a citizen of the United States and claimed as a dependent on your return. You can’t use the child to claim the CTC or ACTC because the child was not under age 17 at the end of 2023. The CTC and ACTC schedule 8812 taxslayer are credits for individuals who claim a child as a dependent if the child meets certain conditions. To claim a child for the CTC and ACTC, the child must be your dependent, under age 17 at the end of 2023, and meet all the conditions in Steps 1 through 3 under Who Qualifies as Your Dependent in the Instructions for Form 1040.

TURBOTAX ONLINE/MOBILE:

Могу ли я бесплатно воспользоваться услугой Free File?