My federal refund doesnt have my child refund in it? its less than 1000 right now.

allyferg96 — Sat, 01 Jun 2019 07:40:49 GMT

What "child refund" are you referring to? What specific...

xmasbaby0 — Sat, 01 Jun 2019 07:40:51 GMT

What "child refund" are you referring to? What specific credit do you think is missing?

my child tax credit

allyferg96 — Sat, 01 Jun 2019 07:40:54 GMT

my child tax credit

There has been lots of hype in the news about the new $20...

xmasbaby0 — Sat, 01 Jun 2019 07:40:57 GMT

There has been lots of hype in the news about the new $2000 Child Tax Credit. Unfortunately, some people do not yet understand that it does not mean they will automatically receive $2000 per child just for filing a tax return.

Do not assume your refund will include $2000 per child for child tax credits. It does not work that way. The CTC is used first to reduce your tax liability to zero. After that, there is a refundable portion —up to $1400 — called the Additional Child Tax Credit that is calculated based on the amount of income you earned. You do not necessarily get the maximum amount. You get 15% of the amount of income earned above $2500--UP to the maximum amount possible.

If your child turned 17 in 2018, even on the last day of 2018, you do not get the child tax credit. There are no exceptions to the rule. You can still claim your child as a dependent.

Your child must have a Social Security number to get the CTC.

If your child was born in 2018 you need to say the child lived with you for the WHOLE year.

If your child lived with you for less than half the year you cannot get CTC.

If you did not earn at least $2500 you cannot receive the child tax credit. Beyond that amount the CTC you receive is affected by your tax liability and the amount you earned. You might not get the full $2000 of CTC.

The child tax credit is reduced by $50 for every $1000 of AGI over these limits:

Married filing jointly $400,000 (CTC disappears at $440,000)

Single, Head of Household, Married Filing Separately or qualifying widower $200,000 (CTC disappears at $240,000)

Look at your 2018 tax return to see the credits you received:

Child tax credit line 12a

Additional Child Tax Credit line 17b (schedule 8812)

Credit for Other Dependents line 12a

https://ttlc.intuit.com/questions/1900923-what-is-the-child-tax-credit

https://ttlc.intuit.com/questions/3029430-why-is-my-child-tax-credit-smaller-this-year

https://ttlc.intuit.com/questions/4505689-why-am-i-getting-the-credit-for-other-dependents-instead-of-the-child-tax-credit

https://ttlc.intuit.com/questions/4499708-what-is-the-500-credit-for-other-dependents-family-tax-cre...

topic My federal refund doesnt have my child refund in it? its less than 1000 right now. in Get your taxes done using TurboTax

My federal refund doesnt have my child refund in it? its less than 1000 right now.

What "child refund" are you referring to? What specific...

my child tax credit

There has been lots of hype in the news about the new $20...