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Form 8812

meffordtax
Level 1

I have a client who files his return with a 4029 Exemption, usually they only receive the child tax care credit up to how much they owe. They don't usually get the additional child tax credit. I am having trouble getting that to show on form 8812. Anyone have this problem and figured out a solution?

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2 Comments 2
dkh
Level 15

I too have some 4029exempt.  I don't have any to prepare yet but I think they will get a refund of any excess not used against tax liability.  New rules for 2021 return...100% refundable.

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Just-Lisa-Now-
Level 15
Level 15
what if you increase the amount they got as an advance would that knock down any refundable amount on the return?

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪