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WHAT IS THE CREDIT FOR OTHER DEPENDENTS? https://ttlc.intuit.com/turbotax-support/en-us/help-article/family-tax-credits-deductions/500-credit-dependents-family-tax-credit/L8nYkfc1Q_US_en_US?uid=m6cdu6in    https://www.irs.gov/help/ita/does-my-childdependent-qualify-for-the-child-tax-credit-or-the-credit-for-other-dependents  

You cannot get the child tax credit for children who do not have Social Security numbers.   If your children have an ITIN, you could get the $500 credit for other dependents---a non-refundable credit that can lower your tax due.   If they do not have an ITIN, then there is no point in listing them on your tax return.   You do not get any tax benefit from listing children with no ITIN or SSN on a tax return.

I understand this is how the IRS does it but it makes no sense.  Why not use a predicted number that's for the year actually in use?  Anyway, you wouldn't need the number until tax filing time, so for example by 2025 filing deadline the 2024 value should be available.  Why compare 2024 income to 2023 FPL?  You should be eligible for the subsidy in the year that you use it.

So the trust has 5 beneficiaries.  3 that are the trustees.  Renting to themselves or possibly through an s corp in the trust that they are controlling.  What would define controlling?  Income and tax returns? Thank you!!

Your response is so helpfule. I just resolved my client's issue and request by following your instructions and steps in your post. Thank you so much, CelBar! For California, I can verify that this also works in the online version of TTO 2024.

@flyinhigh wrote: Yes, I'm preparing my 2024 taxes and thank you for the helpful reply (I did not know about combining Roth IRA accounts (though I only have one)). And, yes, I started 2024 with $5,000 of prior contributions and withdrew $7,000.  So, I will enter zero for the *NET* regular Roth IRA contributions prior to 2024 because there are no *NET* (after subtracting the $7,000 withdrawal from the $5,000 of prior contributions) contributions left). No, you missed the point.  When preparing your 2024 tax return, the program should be asking separately for  prior net contributions (before 2024) and then separately ask for 2024 contributions  and then ask for 2024 withdrawals (from the 1099-R) If the program is not clear about the difference between prior contributions and current contributions, that could be re-worded.   If there are $5000 of prior contributions (from 2023 and before), then you need to enter that.  It will affect the taxability of the withdrawal.   (However, it is worth nothing that, since your Roth IRA was opened more than 5 years ago, the prior contribution will only affect your taxes if you are under age 59-1/2.  If you are over age 59-1/2, then your withdrawals are going to be tax-free regardless of the mix of contributions and earnings.)  

Yes, I'm preparing my 2024 taxes and thank you for the helpful reply (I did not know about combining Roth IRA accounts (though I only have one)). And, yes, I started 2024 with $5,000 of prior contributions and withdrew $7,000.  So, I will enter zero for the *NET* regular Roth IRA contributions prior to 2024 because there are no *NET* (after subtracting the $7,000 withdrawal from the $5,000 of prior contributions) contributions left).

@xmasbaby0 Thank you for the reply.  I should have been more clear.  I'm just trying to "single-dip" appropriately at this point and correctly file my eligable expenses covered by the DCFSA. I am not seeking any additional deductions or credits.  For evey year that I have had a DCFSA, and used it for childcare expenses, I have also filed form 2441 "Child and Dependent Care Expenses" listing qualified expenses for which I used the DCFSA funds. Turbo Tax has correctly identified that I have DCFSA contributions reflected in my W2, and provided a message in the income section of the application that I would be prompted to enter my eligable expenses in the Deductions & Credits section, but I was not.  So I was looking for where I can enter these qualified expenses in the application, so they are reflected on form 2441 on my return.