turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

nr_
Level 1

California Tax Credits

Okay, so I am aware that I qualify for 2 credits: CA EITC & The Renters Credit (#46 on Form 540) and I see them on my documents but when it comes to the math, I'm missing the $120 from the Renters credit. I know EITC is taking a bit longer but I had no problem last year with the Renters credit.  Can anyone please explain? Both my federal & State Returns have been received and approved so basically on their way to my account but this credit has me questioning. 

P.S: This is my 2nd time doing taxes but my 1st on my own with Turbo Tax. Last year I didn't quality for the CA EITC, just the Renters.

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
JotikaT2
Employee Tax Expert

California Tax Credits

In order to claim the renter's credit, you need to meet all of the requirements as listed in the attached link:

 

CA Renters Credit

 

But be aware, this is a Nonrefundable credit. 

 

If you did not have a tax liability, you will not be able to get a refund for the renter's credit.

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

1 Reply
JotikaT2
Employee Tax Expert

California Tax Credits

In order to claim the renter's credit, you need to meet all of the requirements as listed in the attached link:

 

CA Renters Credit

 

But be aware, this is a Nonrefundable credit. 

 

If you did not have a tax liability, you will not be able to get a refund for the renter's credit.

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question