topic Child tax credit only showing 718 for four children. in ms it is spose to be 2,000 per child what is wrong in Deductions & credits

Child tax credit only showing 718 for four children. in ms it is spose to be 2,000 per child what is wrong

mjgarcilian12 — Wed, 05 Jun 2019 02:23:50 GMT

Note that child tax credit is "non-refundable" credit --...

pk — Wed, 05 Jun 2019 02:23:51 GMT

Note that child tax credit is "non-refundable" credit -- meaning no matter amount claimed only an amount upto your tax liability can be used . Thus if the total available to you is say $4000 and your tax liability before applying credit is $1800 then ONLY $1800 of the available is used to reduce your tax liability to ZERO, then rest is lost. Depending on your AGI, you may be eligible for a portion of the unused as additional child tax cerdit which is a refundable credit, meaning it increases your refund. Need more details to be specific.

this has nothing to do with my queatioin

mjgarcilian12 — Wed, 05 Jun 2019 02:23:53 GMT

this has nothing to do with my queatioin

Please provide more details (a) age of the children, (b)...

pk — Wed, 05 Jun 2019 02:23:54 GMT

Please provide more details (a) age of the children, (b) did you claim as dependents (c) Your AGI , (d) your filing status and (e) your taxable income