The child tax credit can only reduce your tax liability down to zero. It is not a refund. If you have no tax due, then you may not receive the full amount of the $1000 Child Tax Credit
If your child turned 17 at any time during 2016, then you will not receive the child tax credit.
If you are claiming the Child Tax Credit for a child who was born in 2016, make sure you said in Personal Info that the child lived with you all year and that you entered the child’s SSN.
When you enter your dependents and your income into your tax return, TT automatically calculates the child tax credit, additional child tax credit, and includes EIC if you qualify for it. So if you qualified for EIC it is already showing in your refund. If you do not understand the amount of EIC you are receiving, please look at the chart for EIC—look for the number of children you claimed and your income, and you will see how much EIC you are supposed to be getting.
There is a table that starts on page 30of IRS publication 596 regarding EIC and the amount you can receive for your earned income:
www.irs.gov/pub/irs-pdf/p596.pdf
The amount of EIC you are receiving can be seen on your tax return:
1040EZ on line 8a
on 1040A line 42a
on 1040 line 66a
**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.**
