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hzeig
New Member

I am supposed to receive the Child Tax Credit of $2,000 but Turbo Tax is giving me the Other Dependent Tax Credit of $500. How do I update? I've deleted child/re-entered.

 
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3 Replies

I am supposed to receive the Child Tax Credit of $2,000 but Turbo Tax is giving me the Other Dependent Tax Credit of $500. How do I update? I've deleted child/re-entered.

How old is your child?    You lose the CTC for the year in which they turn 17.  Once they are 17, you only get the $500 credit for other dependents.    or.....is the child a baby?   For a newborn you have to say in My Info that they lived with you for the WHOLE year.   

**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.**
hzeig
New Member

I am supposed to receive the Child Tax Credit of $2,000 but Turbo Tax is giving me the Other Dependent Tax Credit of $500. How do I update? I've deleted child/re-entered.

They turned 17 in November. Since it was the end of the year, does that still count?

I am supposed to receive the Child Tax Credit of $2,000 but Turbo Tax is giving me the Other Dependent Tax Credit of $500. How do I update? I've deleted child/re-entered.


@hzeig wrote:

They turned 17 in November. Since it was the end of the year, does that still count?


They had to be under the age of 17 on 12/31/2023.

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