Schedule 8812 Credits for Qualifying Children and Other Dependents
The IRS provides several tax breaks, via tax credits, to parents raising children. Schedule 8812 captures the child tax credit.
This schedule calculates the tax credit based on the age of your dependent.
Part I Child Tax Credit and Credit for Other Dependents
Line 4: Number of qualifying children under the age of 17 with the required social security number.
This number should equal the number of boxes checked under ‘child tax credit’ in column four (4) of the Dependents section on IRS Form 1040
Line 9: The amount shown will depend on your filing status
Part II-A Additional Child Tax Credit for All Filers
You may skip Part II-A and B unless they apply to you.
Part II-B Certain Filers Who Have Three or More Qualifying Children and Bona Fide Residents of Puerto Rico
Only review if this section applies to you.
Part II-C Additional Child Tax Credit
The credit flows into Sch 3 and pg 2 of Form 1040.