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Tags: federal,form
Form 1040: Line 51 amount incorrect
The amount of Child Tax Credit on line 51 is limited by the amount of tax owed, shown on line 44. As the Child Tax Credit is not refundable, when the amount on line 44 is zero, there is no credit to be entered on line 51.
Certain clients may qualify to receive the difference in the form of the Additional Child Tax Credit, which is calculated on Form 8812.
This information is applicable to all years, please refer to the IRS website for more information.
Tags: federal,form