Self employed, have a dependent, made 26000, why won't my refund go above 3000

[DoninGA]

Your message indicates that you are using the TurboTax Live Self-Employed edition.

See this TurboTax for contacting a Tax Expert when using one of the Live editions - https://ttlc.intuit.com/turbotax-support/en-us/help-article/product-setup/connect-tax-expert-turbota...

[xmasbaby0]

No one can see your tax return or your information, so we do not know your filing status, the age of your dependent, the amount of self-employment income you entered, the expenses you put on Schedule C, etc. etc. etc.   If you are not really using the "Live" online self-employed software, then provide some details without any personal information.

[nikki-love92]

Head of house hold my agi is 41000 and my net income is l0000 my dependent  is 8.  

[xmasbaby0]

Your post above says you made $26,000; now you changed it to $41,000, and net of $10K.   How are we to make sense of the amounts you are citing?  We cannot see your return.  Consult with your live expert when they are back after the holiday weekend.

[xmasbaby0]

https://ttlc.intuit.com/questions/1899157-what-are-the-qualifications-for-the-earned-income-credit-e...

https://www.irs.gov/credits-deductions/individuals/earned-income-tax-credit/use-the-eitc-assistant

The rules for getting the child tax credit on a 2021 tax return and now on a 2022 return are very different.  For 2021 you could get $3600 for a child under 6 or $3000 for a child between 6 and 17 even if you had no income/did not work.   That is NOT the way it will work for your 2022 tax return.  The “old” rules are back.   The maximum amount of the child tax credit is now $2000; the refundable “additional child tax credit” amount is $1500.   In order to get that credit, you have to have income from working.  The credit is calculated based on the amount you earned above $2500 multiplied by 15%, up to the full $1500.  If your child is older than 16 at the end of 2022, you do not get the CTC.  But you may still get the non-refundable $500 credit for other dependents instead.

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

https://www.irs.gov/help/ita/does-my-childdependent-qualify-for-the-child-tax-credit-or-the-credit-f...