Is there any credit that we qualify for or any program that will get us a tax break? Both are on SS and Military retirement. We have our two grandchildren living with us.

bu1lester93 · ‎May 31, 2019

Hal_Al · ‎May 31, 2019

No. The money you hear about people getting for just filing a tax return claiming kids requires you to have some earned income (wages or self employment). Without earned income, you are not eligible for the "refundable" Earned Income Credit or Additional Child Tax Credit.

If you claim the grandchildren as dependents, and your retirement income is high enough to generate an income tax liability, the non-refundable portion of the Child Tax credit should eliminate the tax. This assumes the kids are under 17.

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xmasbaby0 · ‎May 31, 2019

Are any taxes being withheld from your SS or military pensions?

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

Hal_Al · ‎May 31, 2019

No. The money you hear about people getting for just filing a tax return claiming kids requires you to have some earned income (wages or self employment). Without earned income, you are not eligible for the "refundable" Earned Income Credit or Additional Child Tax Credit.

If you claim the grandchildren as dependents, and your retirement income is high enough to generate an income tax liability, the non-refundable portion of the Child Tax credit should eliminate the tax. This assumes the kids are under 17.

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Is there any credit that we qualify for or any program that will get us a tax break? Both are on SS and Military retirement. We have our two grandchildren living with us.