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Get your taxes done using TurboTax
Hi, @Calypsographx , thanks for the question!
Yes, you can get the Child Tax Credit even if you only have unearned income. You may receive a credit of up to $2,000. However, it is a "non-refundable" credit, meaning that it can only reduce your tax liability to zero. In other words, you won't get a refund for any credit amount above that.
Helpful links:
TurboTax article on the Child Tax Credit
Does My Child/Dependent Qualify for the Child Tax Credit or the Credit for Other Dependents?
Hope this helps!
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‎November 16, 2022
2:40 PM