topic What is the difference in tax credits for children between 2016 and 2017? in Get your taxes done using TurboTax

What is the difference in tax credits for children between 2016 and 2017?

jasonbinvegas — Thu, 06 Jun 2019 14:49:25 GMT

Did any of your children turn age 17 in 2017?

SweetieJean — Thu, 06 Jun 2019 14:49:27 GMT

Did any of your children turn age 17 in 2017?

nope

jasonbinvegas — Thu, 06 Jun 2019 14:49:29 GMT

nope

Basically none. The difference will come next year. Whe...

DanielV01 — Thu, 06 Jun 2019 14:49:30 GMT

Basically none. The difference will come next year. When you file your 2018 taxes next year, the Child Tax Credit increases to $2000/child (currently $1000). The potentially refundable portion of the credit will increase to $1400. Here's a website with information on the act: https://taxfoundation.org/final-tax-cuts-and-jobs-act-details-analysis/

We had more income in 2016 and qualified for the Child Ta...

egoetz724 — Thu, 06 Jun 2019 14:49:32 GMT

We had more income in 2016 and qualified for the Child Tax Credit. For 2017 we made less but do not qualify for it. Turbo tax is telling me it is because we made too much but that doesn't make sense with our 2016 taxes...

Were you in a disaster area?

DanielV01 — Thu, 06 Jun 2019 14:49:34 GMT

Were you in a disaster area?