Form 8862 is required to be filed with a taxpayer’s tax return if in a prior year the taxpayer’s claim for any of the following credits was reduced or disallowed for any reason other than a math or clerical error and they now meet the requirements for the credit and wish to take it:
- Earned Income Credit
- Child Tax Credit
- Additional Child Tax Credit
- Other Dependent Credit
- American Opportunity Tax Credit
To complete Form 8862 in TaxSlayer ProWeb, from the Federal Section of the tax return (Form 1040) select:
- Deductions
- Credits Menu
- Claiming Certain Credits after Disallowance Form 8862
- Information to Claim Certain Credits After Disallowance
Additional Information:
IRS Publication 501, Exemptions, Standard Deduction, and Filing Information