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I have three children ages 17,14 and 12. I've always gotten $3000 in tax child credits. Now turbo tax is saying $2000. Has there been a change?

 
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JohnW15
Intuit Alumni

I have three children ages 17,14 and 12. I've always gotten $3000 in tax child credits. Now turbo tax is saying $2000. Has there been a change?

For Tax Year 2017, the maximum credit per child is $1,000.  However, to qualify, each child must be under the age of 17 at the end of the tax year.  If one of your children was 17 in 2017, you'll only have two qualifying children for the credit, hence the $2,000 credit you're seeing.

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5 Replies
JohnW15
Intuit Alumni

I have three children ages 17,14 and 12. I've always gotten $3000 in tax child credits. Now turbo tax is saying $2000. Has there been a change?

For Tax Year 2017, the maximum credit per child is $1,000.  However, to qualify, each child must be under the age of 17 at the end of the tax year.  If one of your children was 17 in 2017, you'll only have two qualifying children for the credit, hence the $2,000 credit you're seeing.

I have three children ages 17,14 and 12. I've always gotten $3000 in tax child credits. Now turbo tax is saying $2000. Has there been a change?

So, you don't get any credit even if they were still 16 almost the whole year?
JohnW15
Intuit Alumni

I have three children ages 17,14 and 12. I've always gotten $3000 in tax child credits. Now turbo tax is saying $2000. Has there been a change?

No, sorry, not for that child.  He or she had to be under 17 at the end of the year.  The IRS hits this age requirement really hard.

I have three children ages 17,14 and 12. I've always gotten $3000 in tax child credits. Now turbo tax is saying $2000. Has there been a change?

Look at it this way: when they were born (even if on Dec 31), you got the full $1000 for the whole first year, So, you got 17 years of the child tax credit, the same as everybody else.

I have three children ages 17,14 and 12. I've always gotten $3000 in tax child credits. Now turbo tax is saying $2000. Has there been a change?

Ty
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