Wednesday, May 26, 2010

Figuring out the Additional Child Tax Credit?

I calculated to worksheet and basically it said I do not qualify for the additional child tax credit. Then I used the H%26amp;R Block Estimate Calculator and it provided a refund amount in that area.



What qualified someone to get the additional child tax credit?



Thanks.



Figuring out the Additional Child Tax Credit?

You sometimes run into a problem if your second child qualifies, but can be claimed on someone else%26#039;s tax return (like an ex) - most of the tax software doesn%26#039;t always get it right.



The estimate calculator is only that, an estimate - all of the deep tax logic isn%26#039;t built into the software.



If you don%26#039;t get it on the worksheet, then you most likely don%26#039;t get it. But if you buy turbo tax and it says you don%26#039;t get it, don%26#039;t believe them - do the worksheet.



Figuring out the Additional Child Tax Credit?

it said the same thing to me too. I have gone in and out of turbo trying to see why it says I don%26#039;t qualify. 3 children, only one is under 17. Urgh Report It



Figuring out the Additional Child Tax Credit?

I%26#039;ve used H %26amp; R Block%26#039;s calculator for 4 yrs. and never had a problem. While it may be off a few dollars, it%26#039;s not that far off that it would claim you get the ACTC but you really don%26#039;t



Are you sure you didn%26#039;t miscalculate something on the worksheet?



If you could give some more details, maybe we could help you figure out what the problem is.



Figuring out the Additional Child Tax Credit?

ONE HAS TO BE A IN- DWELLER IN THAT AREA TO BE CONSIDERED .THAT IS THE ONLY QUALIFICATION

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