Child Tax Credit?
Any way to have the Tax Planner account for the Child Tax Credit? We have two qualifying children and TP doesn't seem to take the credits into account, resulting in an inflated remaining tax number. TIA
Answers
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The sum total of all credits can be manually entered into the Credits box in the "Other Taxes and Credits" section of the planner. That is the only way to manage credits in the Tax Planner and have them adjust the tax owed amount.
It would be helpful if tax lines were assigned to the Credits input so that individual transactions could be entered to track the sum of multiple credits, but that option is not available.
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@markus1957 I entered an estimated amount for the refundable portion of the CTC and the TP adjusted the tax owed amount accordingly. Much appreciated
Quicken Premier Mac and Windows0