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Video tutorial: Mastering the IRS Form 8862 walkthrough (Information to Claim - YouTube

welcome I think its time except for who about to do a video training on the forum 8862 which stands for information to claim certain credits have to disallows so which youre better has come to understand quickly is that certain taxpayers will be audited and it will have the syn addition information into cruel certainly information on the tap feature so in that situation when they cant prove the dependence on the taciturn they have the right to claim them or they have certain attention on tech return that theyve got a credit for the improve they add the ranking get the credit or anything to that effect meaning the IRS will send out a notice disallowing those credits and now theyre put on a foul-up situation where they have to fill out this form 8832 to further notified and so what happened is in the primer and then the next year coming up become the final attack return if they wont be found the same dependence that it couldnt prove in the first place didnt it wont be receiving

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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).
Heres how you can file form 8862 TurboTax online: Firstly, log in to your TurboTax account. After that, go to the Federal section and tap on the Search icon. Now, type Form 8862 in the search bar. Next, select Jump to 8862 and click on the Continue button. Check the box that states Fill out form 8862 to claim EIC.
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.
The Additional Child Tax Credit is a refundable credit that you may receive if your Child Tax Credit is greater than the total amount of income taxes you owe. For instance, if youre eligible for a $2,000 Child Tax Credit and your taxes are only $1,000, you may add the remaining $1,000 credit to your refund.
You can download Form 8862 from the IRS website and file it electronically or by mail. You wont be able to file this form or claim the credits for up to 10 years if your previous attempt to claim one of these credits was denied due to fraud or reckless disregard for the rules.
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People also ask

If the IRS determined a taxpayer claimed the credit(s) due to reckless or intentional disregard of the rules (not due to math or clerical errors) the taxpayer cant claim the credit(s) for 2 tax years. If the error was due to fraud, then the taxpayer cant claim the credit(s) for 10 tax years.
You would have received a notice in the mail. In addition, the refund that you actually received from the IRS would have been less than what was reported on the return that you filed. If you are unsure if you have been previously disallowed for EIC, you would need to contact the IRS at 1-800-829-1040 to find out.
Attach to your tax return. Go to .irs.gov/Form8862 for instructions and the latest information. 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.

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