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New Member
posted May 31, 2019 8:04:26 PM

I think i missed something with children part of taxes

0 3 676
1 Best answer
Level 15
May 31, 2019 8:04:32 PM

You may be confusing EIC with the child tax credit.  If you have a child who turned 17 at any time in 2016 you lose the CTC.

When you enter your dependents and your income into your tax return, TT automatically calculates the child tax credit, additional child tax credit, and includes EIC if you qualify for it. So if you qualified for EIC it is already showing in your refund. If you do not understand the amount of EIC you are receiving, please look at the chart for EIC—look for the number of children you claimed and your income, and you will see how much EIC you are supposed to be getting.  

There is a table that starts on page 30 of IRS publication 596 regarding EIC and the amount you can receive for your earned income:

www.irs.gov/pub/irs-pdf/p596.pdf

The amount of EIC you are receiving can be seen on your tax return:

1040EZ on line 8a

on 1040A line 42a

on 1040 line 66a


3 Replies
Level 15
May 31, 2019 8:04:29 PM

Did you enter your dependents in Personal Info?  Enter their dates of birth and social security numbers?  What did you miss?

New Member
May 31, 2019 8:04:31 PM

yes, it looks like i only received (eci) on one child not both.

Level 15
May 31, 2019 8:04:32 PM

You may be confusing EIC with the child tax credit.  If you have a child who turned 17 at any time in 2016 you lose the CTC.

When you enter your dependents and your income into your tax return, TT automatically calculates the child tax credit, additional child tax credit, and includes EIC if you qualify for it. So if you qualified for EIC it is already showing in your refund. If you do not understand the amount of EIC you are receiving, please look at the chart for EIC—look for the number of children you claimed and your income, and you will see how much EIC you are supposed to be getting.  

There is a table that starts on page 30 of IRS publication 596 regarding EIC and the amount you can receive for your earned income:

www.irs.gov/pub/irs-pdf/p596.pdf

The amount of EIC you are receiving can be seen on your tax return:

1040EZ on line 8a

on 1040A line 42a

on 1040 line 66a