Refundable Credit for Child Tax Credit?

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  • Beersheba
    Senior Member
    • Jan 2022
    • 176

    #1

    Refundable Credit for Child Tax Credit?

    For years I have been calculating "Additional Child Tax Credit" for those with not enough tax to claim the entire amount.

    Now all of a sudden, Drake software makes ALL child tax credit is refundable, no matter what. All they have to do is be a resident.

    TTB does not confirm this.

    Am I crazy or what???
  • TaxGuyBill
    Senior Member
    • Oct 2013
    • 2321

    #2
    That is correct for this year.

    Look at page one of Form 8812 to see how the numbers flow.

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    • Beersheba
      Senior Member
      • Jan 2022
      • 176

      #3
      Bill, this bizarre thing is confirmed. If question 13a or 13b (Form 8812) is checked, then the entire child tax credit can be refundable. I won't have any customers who are not able to check 13a or 13b.

      Thanks.

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