Submitted by hundotnet 2 weeks ago
There is a major glitch in Schedule 8812 for a prior year client where it does not give you an error message after putting in the all the clients income. The Schedule 8812 does not alert us in the Prior Year Earned Income Election Smart work sheet to ELECT to use 2019 earned income for additional child tax credit YES OR NO.
There should be an error that pops up for accountants to choose yes or no. This could result in the taxpayer getting a larger refund. In our case we missed the option and now have to amend the clients tax return to get them extra $1,700.00. This error option pops up in TurboxTax and Drake software in there Schedule 8812 so why is it not available in ProSeries?
This will greatly help us as accountants with either getting our client a large refund or asking the client what would they like to do.
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