Tax Preparation Help  
Publication 972 2008 Tax Year

Line 11 Worksheet

Summary: This is an example of the Line 13 Worksheet used to determine the amount to be entered on line 13 of the Child Tax Credit Worksheet. The line items to be completed are:

1. Enter the amount from line 8 of the Child Tax Credit Worksheet on page 4.” field
2. Enter your taxable earned income from the worksheet on page 8 or 9 that applies to you.” field
3. Is the amount on line 2 more than $12,050?
No. Leave line 3 blank, enter 0 on line 4, and go to line 5.” checkbox
Yes. Subtract $12,050 from the amount on line 2. Enter the result.” checkbox, field
4. Multiply the amount on line 3 by 15% (.15) and enter the result.” field
5. Is the amount on line 1 of the Child Tax Credit Worksheet on page 4 $3,000 or more?
No. If line 4 above is zero, stop. Do not complete the rest of this worksheet. Instead, go back to the Child Tax Credit Worksheet on page 5 and do the following. Enter the amount from line 10 on line 11 and complete lines 12 and 13. Otherwise, leave lines 6 through 9 blank, enter 0 on line 10, and go to line 11 on the next page.” checkbox
Yes. If line 4 above is equal to or more than line 1 above, leave lines 6 through 9 blank, enter 0 on line 10, and go to line 11 on the next page. Otherwise, see 1040 Filers, 1040A Filers, and 1040NR Filers on page 7 and then go to line 6.” checkbox
If married filing jointly, include your spouse's amounts with yours when completing lines 6 and 7.
6. Enter the total of the following amounts from Form(s) W-2:” field
  • Social security taxes from box 4, and
  • Medicare taxes from box 6.
  • Railroad employees, see the bottom of page 7.
7. 1040 Filers. Enter the total of any--Amounts from Form 1040, lines 27 and 58, and Uncollected social security and Medicare or tier 1 R.R.T.A. taxes shown in box 12 of your Form(s) W-2 with codes A, B, M, and N.--1040A Filers. Enter 0.- -1040NR Filers. Enter the total of any- -Amount from Form 1040NR, line 53, and Uncollected social security and Medicare or tier 1 R.R.T.A. taxes shown in box 12 of your Form(s) W-2 with codes A, B, M, and N.” field
8. Add lines 6 and 7. Enter the total.” field
9. 1040 Filers. Enter the total of the amounts from Form 1040, line 64a and 65.--1040A Filers. Enter the total of any Amount from Form 1040A, line 40, and Excess social security and tier 1 R.R.T.A. taxes withheld that you entered to the left of Form 1040A, line 43.- -1040NR Filers. Enter the amount from Form 1040NR, line 61.” field

SEARCH:

You can search for information in the entire Tax Prep Help section, or in the entire site. For a more focused search, put your search word(s) in quotes.





Publication Index | Tax Prep Help Main | Home