Yes, you still get the child tax credit on your return (If you qualify for it)
The W-4 has nothing to do with your income tax return. W-4 is completed only for your employer to know how much tax should be withheld from your paycheck.
The Child Tax Credit is automatically calculated.
When you enter your dependents and your income, TurboTax automatically
calculated the child tax credit, the additional child tax credit (if any) and
includes Earned Income Credit if you qualify for it.
Please
see the link to the IRS website for more information on the child tax
credit. Child
Tax Credit
In
order to qualify for this credit, a qualifying child for this credit is
someone who meets the qualifying criteria of six tests: age, relationship,
support, dependent, citizenship, and residence.
The
credit is limited if your modified adjusted gross income is above a certain
amount. For married taxpayers filing a joint return, the phase-out
begins at $110,000. For married taxpayers filing a separate return, it begins
at $55,000. For all other taxpayers, the phase-out begins at $75,000. In
addition, the Child Tax Credit is generally limited by the amount of the income
tax you owe as well as any alternative minimum tax you owe.
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