Line 14 Worksheet

Line 14 Worksheet

Summary: This is the Line 14 Worksheet used to determine the amount to be entered on line 14 of the Child Tax Credit and Credit for Other Dependents Worksheet. Before you begin: Complete the Earned Income Worksheet, later in this publication, 1040 and 1040-SR filers. Complete line 18a; Schedule 2, line 5; and Schedule 3, line 11) of your return if they apply to you. 1040-NR filers. Complete lines 56 and 67 of your return if they apply to you.

Caution: Use this worksheet only if you answered Yes on line 14 of the Child Tax Credit and Credit for Other Dependents Worksheet earlier and you are not filing Form 2555. The line items to be completed are:

"1. Enter the amount from line 10 of the Child Tax Credit and Credit for Other Dependents Worksheet." field
"2. Multiply the number of qualifying children under 17 with the required social security number by $1,400. Enter the result." field
"3. Enter your taxable earned income from the Earned Income Worksheet that applies to you.*" field
4. Is the amount on line 3 more than $2,500?
"No. Leave line 4 blank, enter 0 on line 5, and go to line 6." checkbox
"Yes. Subtract $2,500 from the amount on line 3. Enter the result." checkbox
field
"5. Multiply the amount on line 4 by 15% (.15) and enter the result." field
6. On line 2 of this worksheet, is the amount $4,200 of more?
"No. If line 2 or line 5 above is zero, enter the amount from line 1 above on line 14 of this worksheet. Do not complete the rest of this worksheet. Instead, go back to the Child Tax Credit and Credit for Other Dependents Worksheet and do the following. Enter 0 on line 14 and complete lines 15 and 16. Otherwise, leave lines 7 through 10 blank, enter 0 on line 11, and go to line 12." checkbox
"Yes. If line 5 above is equal to or more than line 1 above, leave lines 7 through 10 blank, enter 0 on line 11, and go to line 12. Otherwise, go to line 7." checkbox
If married filing jointly, include your spouse's amounts with yours when completing lines 7 and 8.
"7. Enter the total of the following amounts from Form(s) W-2:"

  • "Social security taxes from box 4, and"

  • "Medicare taxes from box 6."

  • "Railroad employees, see the bottom of page 7."

field
"8. 1040 and 1040-SR Filers. Enter the total of any amounts from Schedule 1, line 14, and Schedule 2, line 5; and any taxes that you identified using code UT and entered on Schedule 2, line 8. 1040-NR Filers. Enter the total of any amount from Form 1040-NR, line 27 and 56, and any taxes that you identified using code UT and entered on line 60." field
"9. Add lines 7 and 8. Enter the total." field