CHILD TAX CREDIT
The child tax credit can only reduce your tax liability down to zero. It is not a refund. If you have no tax due, then you may not receive the full amount of the $1000 Child Tax Credit
If your child turned 17 at any time during 2017, then you will not receive the child tax credit.
If you are claiming the Child Tax Credit for a child who was born in 2017, make sure you said in Personal Info that the child lived with you all year and that you entered the child’s SSN.
The child tax credit is reduced by $50 for every $1000 of AGI over these limits:
Married filing jointly $110,000
Single, Head of Household or qualifying widower $75,000
Married Filing separately $55,000
*You can see the amount of the child tax credit you got on your Form 1040A on line 35; on Form 1040 line 52
If you received the Additional Child Tax Credit Form 1040A line 43, Form 1040 line 67
If your child turned 17 in 2017, even on the last day of 2017, you do not get the child tax credit. There are no exceptions to the rule. You can still claim your child as a dependent.
Why does the irs site states the child tax credit is 2,000 turbo says 1,000 i filed my 14 year old daughter and it comes back a dependent why didn't i receive a child tax credit for her and why are the amounts for child tax credit different from 1 site to another
@ncrisp86 Did you look up some old information somewhere? The Child Tax Credit used to be $1000, but it increased to $2000 for 2018 returns and beyond. As stated, it is used first to reduce tax due, and then there is a refundable portion of up to $1400. Not everyone gets all of the CTC or the refundable part. The amount you get is affected by how much you earned from working.