Child tax credit should not decrease for minor why wasn’t the full credit received for 17 year olds?

Forum|Forum|2 years ago
February 16, 2024
3 replies
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DoninGA

Level 15

For tax yeas after 2021 the child tax credit is only for a child under the age of 17. A child age 17 or older is eligible for the Other Dependent credit of $500.

xmasbaby0

Level 15

Sorry----you can get the CTC for a child of up to 16....in the year the child turns 17, you lose the CTC and instead you get the $500 credit for other dependents.

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

https://ttlc.intuit.com/turbotax-support/en-us/help-article/taxation/additional-child-tax-credit/L6xFeMFEf_US_en_US?uid=lqnuygah

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

**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.**

CatinaT1

Level 15

To qualify for the Child Tax Credit, your child must fit all of these requirements:

Be under age 17 at the end of the tax year
Is your son, daughter, stepchild, foster child, adopted child, brother, sister, stepbrother, stepsister, half-brother, half-sister, or a descendant of any of them (for example, a grandchild, niece, or nephew)
Has his or her own Social Security Number
Lived with you for more than half the year
Didn't support him/herself (i.e., didn't pay more than half their own expenses)
Is a U.S. citizen, U.S. national, or U.S. resident alien