Due to the Tax Cuts and Jobs Act of 2017, many rules regarding qualifying children, dependents, and eligibility for the Child Tax Credit have changed for the 2018 tax year.
You can claim a qualifying child as a dependent on your 2018 taxes as long as they meet the following requirements:
- They are related to you;
- They aren't claimed as a dependent by someone else;
- They are a U.S. citizen, resident alien, U.S. national, or a Canadian or Mexican resident.
- They aren’t filing a joint return with their spouse or are filing a joint return only to claim a refund of withheld income tax or estimated tax paid;
- They are under the age of 19, or 24 if a full-time student;
- No age limit for permanently and totally disabled children.
- They live with you for more than half the year (temporary absences from your home, while living at school, still count as time living with you); and
- They didn't provide more than half of their own support for the year.
Additionally, you cannot claim a child as a dependent if you, or your spouse if filing jointly, could be claimed as a dependent on someone else's tax return.
Finally, for the Child Tax Credit, each child claimed must:
- be under age 17 at the end of 2018, and
- have a Social Security number, valid for employment, issued before the due date of your 2018 federal income tax return.
"I need the form sent to my via email for child credit"
Not sure what you are asking. It does not work that way. First of all, TurboTax does not email tax forms to you. Secondly, you do not file a tax form all by itself. If you are supposed to receive the child tax credit then when you prepare your tax return and enter the information for your dependent (who must be under the age of 17) and you enter the amount of income earned from working, the program will automatically calculate your child tax credit.
There has been lots of hype in the news about the new $2000 Child Tax Credit. Unfortunately, some people do not yet understand that it does not mean they will automatically receive $2000 per child just for filing a tax return.
Do not assume your refund will include $2000 per child for child tax credits. It does not work that way. The CTC is used first to reduce your tax liability to zero. After that, there is a refundable portion —up to $1400 — called the Additional Child Tax Credit that is calculated based on the amount of income you earned. You do not necessarily get the maximum amount. You get 15% of the amount of income earned above $2500--UP to the maximum amount possible.
If your child turned 17 in 2018, even on the last day of 2018, you do not get the child tax credit. There are no exceptions to the rule. You can still claim your child as a dependent.
Your child must have a Social Security number to get the CTC.
If your child was born in 2018 you need to say the child lived with you for the WHOLE year.
If your child lived with you for less than half the year you cannot get CTC.
If you did not earn at least $2500 you cannot receive the child tax credit. Beyond that amount the CTC you receive is affected by your tax liability and the amount you earned. You might not get the full $2000 of CTC.
The child tax credit is reduced by $50 for every $1000 of AGI over these limits:
Married filing jointly $400,000 (CTC disappears at $440,000)
Single, Head of Household, Married Filing Separately or qualifying widower $200,000 (CTC disappears at $240,000)
Look at your 2018 tax return to see the credits you received:
Child tax credit line 12a
Additional Child Tax Credit line 17b (schedule 8812)
Credit for Other Dependents line 12a