Deductions & credits


@SeeThruMe wrote:

My daughter turned 18 in the first two months of 2021 so was 17 in 2020. 

 

Per the help section in TurboTax I should qualify for the 2k deduction, but the program is only allowing my a $500.00 deduction now that she is 18.

 

 

 


You misread it.  It says "under the age of 17", which means not older then 16 at the end of 2020.   If she was 17 in 2020 she does not qualify for the child tax credit.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**