- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
- The child tax credit is not a refund.
- It lowers your tax due you do not receive $4000 for having a dependent. The "$4000 tax break" you saw means that since you have a dependent, $4000 of your income is "tax free."
- Your "dependent deduction" lowers the amount of your income that you have to pay tax on.
- If you have less than $1000 due, you do not get the full amount.
May 31, 2019
11:01 PM