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FAQ

Why do I need Form 8812?
Use Schedule 8812 (Form 1040) to figure your child tax credits, to report advance child tax credit payments you received in 2022. and to figure any additional tax owed if you received excess advance child tax credit payments during 2021.
Do I need to attach 8812?
The amount of credit owed to you will vary based on your income level, but if your total credit amount exceeds the amount of tax that you owe, the IRS requires you to file Form 8812.
Why is TurboTax making me fill out 8812?
Everyone is being asked this question since TurboTax does not know if the user was one who received these advances from the IRS in 2022. Enter a (zero) when asked to enter a number on the Schedule 8812. This will correct the issue and remove the Schedule 8812 from your tax return so that you can file the return.
How do I prepare for 8812?
3.19 14.16 How to Fill Out The Child Tax Credit Schedule (Schedule 8812) - YouTube YouTube Start of suggested clip End of suggested clip And then you do a little math here you add the two to get six thousand six hundred in my example.MoreAnd then you do a little math here you add the two to get six thousand six hundred in my example. And here four you multiply the 8812 line four a by two thousand so we had two times two thousand four.
Do I need to fill out 8812?
In most years, if the total credit amount for all of your qualifying children exceeds the amount of tax you owe for the year, the IRS requires you to prepare Schedule 8812 to claim this amount.
Why does TurboTax think I need Form 8812?
In most years, if the total credit amount for all of your qualifying children exceeds the amount of tax you owe for the year, the IRS requires you to prepare Schedule 8812 to claim this amount.
Does TurboTax automatically file 8812?
Schedule 8812 (Child Tax Credit) is generated if a child that's being claimed under the Child Tax Credit has an ITIN instead of a Social Security number. TurboTax will automatically add it to your return. Just enter your dependent information and complete your return as you would normally.
How do I get to Schedule 8812 on TurboTax?
Schedule 8812 In the Federal section of your return, go to Deductions & Credits. Scroll down to You and Your Family and click Revisit/Start next to Advance payments, Child and Other Dependent Tax Credits. Click Continue. Answer Let's start with where you spent the most time in 2021.
Why is TurboTax asking about 8812?
It is clearly a bug in the program. Follow the wizard / instructions and enter that you have zero dependents. It will allow you to proceed to the next item of entry. When you finally get to the check your return portion - it will state that you need to correct schedule 8812.
Does TurboTax automatically fill out Form 8812?
Schedule 8812 (Child Tax Credit) is generated if a child that's being claimed under the Child Tax Credit has an ITIN instead of a Social Security number. TurboTax will automatically add it to your return. Just enter your dependent information and complete your return as you would normally.
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