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When TurboTax asked you how many months the child lived with you in 2022, did you select "The whole year"? That's what you have to say for a child who was born during the year, if the child lived with you for the entire time since it was born.
@jayapra there could be a few reasons for not getting the credit
1) by far the biggest reason is not selecting 'the entire year' - if you otherwise picked a numbe less than 6, the software will think Baby lived with you for less than 6 monts and would say not eligible for the credit.
2) the tax credit is also income dependent. if your did not earn at least $2500, there would be no credit.
3) if you did not have an SSN issued prior to April 15, 2023, you are not eligible for the credit.
filing an amendment is the way to get the credit, since you already filed.
look at Lines 19 and 28 of the original return - is there anything listed? that is where the credit should be.
The 2021 child-related credits were very generous. Lots of people are being taken by surprise this year when they find out the credits for 2022 are lower than they were last year.
The tax laws changed for child-related credits and are much less generous for 2022.
Make sure you have entered your child as a dependent in My Info, and that you have entered the child's Social Security number. Careful— do not say that your child’s SSN is not valid for employment. If your child was born in 2022 make sure you said he lived with you the whole year. There is an oddly worded question that asks if the child paid over half their own support. Say NO to that question.
Have you entered income from working in 2022? If not, you will not receive an income tax refund based on having dependent children.
The rules for getting the child tax credit on a 2021 tax return and now on a 2022 return are very different. For 2021 you could get $3600 for a child under 6 or $3000 for a child between 6 and 17 even if you had no income/did not work. That is NOT the way it will work for your 2022 tax return. The “old” rules are back.
The maximum amount of the child tax credit is now $2000 per child; the refundable “additional child tax credit” amount is $1500. In order to get that credit, you have to have income from working. The credit is calculated based on the amount you earned above $2500 multiplied by 15%, up to the full $1500 per child. If the amount you earned was too low, you will not get the full $1500.
If your child is older than 16 at the end of 2022, you do not get the CTC. But you may still get the non-refundable $500 credit for other dependents instead.
https://ttlc.intuit.com/questions/1900923-what-is-the-child-tax-credit
And for the Earned Income Credit—-the rules are back to the “old” rules—
Those under 25 and over 65 without children are not eligible as they were uniquely in 2021. And you cannot use your income from any earlier tax year to get the EIC for a 2022 return. There is no “lookback” for 2022. EIC for 2022 will be based on the income you earned by working in 2022.
https://www.irs.gov/credits-deductions/individuals/earned-income-tax-credit/use-the-eitc-assistant
Look at your 2022 Form 1040 to see the child-related credits you received
PREVIEW 1040
https://ttlc.intuit.com/questions/1901539-how-do-i-preview-my-turbotax-online-return-before-filing
Child Tax Credit line 19
Credit for Other Dependents line 19
Earned Income Credit line 27
Additional Child Tax Credit line 28
AND….If you have children but had little or no income, it raises the question of how you and the children were supported. There may be another tax-paying adult who can claim you and/or the children as dependents.
Start by printing your 2022 tax return and look at the Dependents section on the first page. Make sure your child is listed, their social security number is correct, the relationship is correct, and the box for "Child tax credit" is checked.
If so, then whatever credit you qualify for is already included in your refund. If it is less than the full $2000, that is probably because you did not have much income from working. If no box is checked, or the box for "Credit for other dependents" is checked, then we need more information about your situation. Turbotax thinks you don't qualify. If you made a mistake and you should qualify, you can file an amended return to correct the error and obtain the credit.
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