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.

Can someone help me understand why I have only $4000 tax credit when claiming 3 kids as dependents? Any suggestions what could have done wrong?


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 Reply

Can someone help me understand why I have only $4000 tax credit when claiming 3 kids as dependents? Any suggestions what could have done wrong?

We cannot see your tax return.  How old are the children?  You lose the Child Tax Credit when a child turns 17---did one of them turn 17 in 2023?   Or--is one a newborn?  If one of them is a newborn that was born in 2023 you have to say they lived with you the whole year.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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