Get the free Form 8812

Utilisez le formulaire 8812 pour calculer votre crédit d'impôt supplémentaire pour enfants. Ce crédit d'impôt supplémentaire peut vous donner un remboursement même si vous ne devez pas d'impôt.

How to fill out form 8812

How to fill out Form 8812

1. Download Form 8812 from the IRS website or obtain a paper copy.
2. Read the instructions carefully before starting the form.
3. Fill in your name and Social Security Number at the top of the form.
4. Indicate your filing status (e.g., single, married filing jointly).
5. Input the number of qualifying children you have.
6. Complete the calculations for the Child Tax Credit as outlined in the form.
7. Provide any additional required information such as income details.
8. Review your entries for accuracy.
9. Sign and date the form before submitting it with your tax return.

Who needs Form 8812?

1. Individuals who have qualifying children and are claiming the Child Tax Credit.
2. Taxpayers who want to apply for the Additional Child Tax Credit if they qualify.
3. Parents or guardians with dependents that meet specific age and income criteria.

People Also Ask about

What line is child tax credit on 1040?

Lines 13 & 14 On line 14, enter the smaller of lines 12 or 13. This is your Child Tax Credit and Credit for Other Dependents. You'll also enter this amount on line 19 of your Form 1040, 1040-SR, or 1040-NR. If line 12 is larger than line 14, you may be eligible to claim the Additional Child Tax Credit.

Do I have to fill out a form for child tax credit?

How to claim this credit. You can claim the Child Tax Credit by entering your children and other dependents on Form 1040, U.S. Individual Income Tax Return, and attaching a completed Schedule 8812, Credits for Qualifying Children and Other Dependents.

Who qualifies for form 8812?

The child has to be younger than 17 at the end of the tax year and cannot provide more than half of their own financial support. Finally, each child you claim a credit for has to have have lived with you for more than half of the tax year.

Do you have to opt in for Child Tax Credit?

The Child Tax Credit can be paid in advance, and you can choose to receive monthly payments. To do this, you may need to opt-in for advance payments on the IRS webpage.

Do I need to file Schedule 8812 for Child Tax Credit?

You'll use Form 8812 to calculate your Additional Child Tax Credit. For 2024, there are two parts to this form: Part I: should be completed by all filers to claim the basic Child Tax Credit. In Part I, you'll enter information from your Form 1040 and calculate your credit amount.

Why am I only getting $2000 for Child Tax Credit?

You can get up to $2,000 per child, but the actual amount you receive depends on your modified adjusted gross income and filing status. High earners may receive a reduced credit amount or may not qualify at all.

Do I have to make $2500 to get a Child Tax Credit?

You have to earn at least $2500 to get the refundable child tax credit. But if you only earned a small amount over $2500, then your credit would be very low. In order to get the full amount of up to $1600 you must earn more than the minimum of $2500. Here is how the refundable amount is calculated:

What is the schedule 1 tax form?

Schedule 1 is used to report types of income that aren't listed on the 1040, such as capital gains, alimony, unemployment payments, and gambling winnings. Schedule 1 also includes some common adjustments to income, like the student loan interest deduction and deductions for educator expenses.

For pdfFiller’s FAQs

What is Form 8812?

Form 8812 is a tax form used by taxpayers to claim the Additional Child Tax Credit (ACTC), which is a refundable credit for eligible families with qualifying dependent children.

Who is required to file Form 8812?

Taxpayers who are claiming the Additional Child Tax Credit based on their qualifying children must file Form 8812 along with their tax return.

How to fill out Form 8812?

To fill out Form 8812, taxpayers need to provide information about their qualifying children, calculate the credit amount, and follow the instructions provided on the form.

What is the purpose of Form 8812?

The purpose of Form 8812 is to determine eligibility for and calculate the Additional Child Tax Credit, allowing families to receive a tax benefit based on the number of qualifying children they have.

What information must be reported on Form 8812?

Form 8812 requires information such as the taxpayer's filing status, details of the qualifying children, and income details to assess eligibility for the Additional Child Tax Credit.