Jan 29, 2025 · Taxpayers complete Form 8862 and attach it to their tax return if: Their earned income credit (EIC), child tax credit (CTC)/additional child tax credit (ACTC), credit for other dependents (ODC) or American opportunity credit (AOTC) was reduced or disallowed for any reason other than a math or clerical error.

You must complete Form 8862 and attach it to your tax return to claim the EIC, CTC/RCTC/ACTC/ODC, or AOTC if both of the following apply. • Your EIC, CTC/RCTC/ACTC/ODC, or AOTC was previously reduced or disallowed for any reason other than a math or clerical error.

Purpose of Form. You must complete Form 8862 and attach it to your tax return to claim the EIC, CTC, RCTC, ACTC, ODC, or AOTC if you meet the following criteria for any of the credits.

Nov 14, 2024 · The Earned Income Credit (EIC) is a valuable, refundable tax credit available to low and moderate income taxpayers and families. If your EIC was disallowed or reduced for reasons other than math or clerical errors after 1996, you may need to file Form 8862 before the Internal Revenue Service allows you to use the credit again.

Dec 13, 2024 · Be sure to follow the instructions from the IRS if you received a notice requiring you to file Form 8862. You do not need to file Form 8862 in the year the credit was disallowed or reduced. Here's how to file Form 8862 in TurboTax.

Dec 24, 2022 · IRS Form 8862 is used when a taxpayer was denied a credit like the EITC in a prior year and now wants to reclaim it. Learn how Form 8862 works and how to file it.

Jan 22, 2025 · Learn how to efficiently file IRS Form 8862 electronically, including requirements, necessary documents, and steps to handle potential errors. Filing Form 8862 electronically with the IRS is a necessary step for taxpayers seeking to reclaim tax credits after previous denials.

Form 8862, Information to Claim Certain Credits After Disallowance, must be completed for any taxpayer whose EIC, credit for other dependents (ODC), child tax credit (CTC), refundable child tax credit (RCTC), additional child tax credit (ACTC), or American opportunity tax credit (AOTC), was previously reduced or disallowed and the taxpayer recei...

IRS Form 8862 is used by taxpayers to claim certain refundable credits after the IRS previously disallowed them. This includes the Earned Income Tax Credit (EITC), Child Tax Credit (CTC), Additional Child Tax Credit (ACTC), Credit for Other Dependents (ODC), and American Opportunity Tax Credit (AOTC).

Jul 21, 2023 · What is IRS Form 8862? IRS Form 8862, Information to Claim Certain Credits After Disallowance, is the federal form that a taxpayer may use to claim certain tax credits that were previously disallowed.