Instructions For Form 1040-A - U.s. Individual Income Tax Return - 2016 Page 60
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922017 Form 1040A—Lines 43 Through 46
Line 43
Line 44
Additional Child Tax Credit
American Opportunity Credit
If you meet the requirements to claim an education credit (see
You may be able to use your 2016 earned income to
the instructions for line 33), enter on this line the amount, if
figure your additional child tax credit if (a) your 2016
TIP
any, from Form 8863, line 8. You may be able to increase an
earned income is more than your 2017 earned income,
education credit and reduce your total tax or increase your tax
and (b) your main home was located in one of the Presidential-
refund if the student chooses to include all or part of a Pell
ly declared disaster areas eligible for this relief on the speci-
grant or certain other scholarships or fellowships in income.
fied date. For details, see Pub. 976.
See Pub. 970 and the instructions for Form 8863 for more in-
If you make the election to use your 2016 earned income to fig-
formation.
ure your additional child tax credit, enter "PYEI" and the
Form 8862 required. If your 2016 American opportunity
amount of your 2016 earned income in the space next to
credit was denied or reduced for any reason other than a math
line 43. If you are claiming both the EIC and the additional
or clerical error, you must attach a completed Form 8862 to
child tax credit, you only need to enter "PYEI" and the amount
your 2017 tax return to claim the credit in 2017. See Form
of your 2016 earned income next to line 42a. For more infor-
8862 and its instructions for details.
mation, see the Instructions for Schedule 8812.
If you take the American opportunity credit even
If you elect to use your 2016 earned income to figure
!
though you aren't eligible and it is determined that
!
your additional child tax credit, you must enter the
your error is due to reckless or intentional disregard
amount of your 2016 nontaxable combat pay on
CAUTION
CAUTION
of the American opportunity credit rules, you won't be allowed
line 42b.
to take the credit for 2 years even if you’re otherwise eligible to
What Is the Additional Child Tax Credit?
do so. If you fraudulently take the American opportunity credit,
you won't be allowed to take the credit for 10 years. You also
This credit is for certain people who have at least one quali-
may have to pay penalties.
fying child for the child tax credit (as defined in Steps 1, 2, and
3 of the instructions for line 6c). The additional child tax credit
Line 45
may give you a refund even if you don't owe any tax or didn't
have any tax withheld.
Net Premium Tax Credit
Two Steps To Take the Additional Child Tax Credit!
The premium tax credit helps pay for health insurance pur-
chased through the Marketplace. You may be eligible to claim
Step 1.
Be sure you figured the amount, if any, of your child tax credit.
the premium tax credit if you, your spouse, or a dependent en-
See the instructions for line 35.
rolled in health insurance through the Marketplace. Eligible in-
Step 2.
Read the TIP at the end of your Child Tax Credit Worksheet.
dividuals may have advance payments of the premium tax
Use Schedule 8812 to see if you can take the additional child
tax credit, but only if you meet the condition given in that TIP.
credit made on their behalf directly to the insurance company.
You (or whoever enrolled you) should have received Form
1095-A from the Marketplace with information about your
coverage and any advance credit payments. Complete Form
8962 to determine the amount of your premium tax credit, if
Form 8862 required. If your 2016 additional child tax credit
any. If the premium tax credit you can claim exceeds your ad-
was denied or reduced for any reason other than a math or cler-
vance credit payments, your net premium tax credit will be
ical error, you must attach a completed Form 8862 to your
shown on Form 8962, line 26. Enter that amount, if any, on
2017 tax return to claim the credit in 2017. See Form 8862 and
Form 1040A, line 45. For more information, see the Instruc-
its instructions for details.
tions for Form 8962.
If you take the additional child tax credit even though
!
Line 46
you aren't eligible and it is determined that your error
is due to reckless or intentional disregard of the addi-
CAUTION
tional child tax credit rules, you won't be allowed to take the
Amount Paid With Request for Extension To File
child tax credit or the additional child tax credit for 2 years
even if you’re otherwise eligible to do so. If you fraudulently
If you got an automatic extension of time to file Form 1040A
take the additional child tax credit, you won't be allowed to
by filing Form 4868 or by making a payment, enter the amount
take either credit for 10 years. You also may have to pay penal-
you paid with Form 4868. If you paid by debit or credit card,
ties.
don't include on line 46 the convenience fee you were charged.
To the left of the entry space for line 46, enter “Form 4868”
Refunds for returns claiming the additional child tax
and show the amount paid.
credit can't be issued before mid-February 2018. This
TIP
delay applies to the entire refund, not just the portion
associated with the additional child tax credit.
-60-
Need more information or forms? Visit IRS.gov.
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