I PAID 75% OF MEDICAL, FOOD, CLOTHES, SCHOOL SUPPLIES, SHELTER, GAS FOR MY 6-YEAR-OLD GRANDSON. HE LIVES WITH ME FOR 12 MONTHS. CAN I GET A TAX CREDIT.

[SabrinaD2]

Yes, you may be eligible for tax credits and since you provide 75% of the support for your grandson and he lives with you for 12 months of the year. 

Here are some options:

• Child Tax Credit: You can claim up to $2,000 per qualifying child under 17. Since your grandson lives with you and you provide more than half of his support, he likely qualifies. For more details, check out the IRS guidelines on the Child Tax Credit and TurboTax's guide.
• Earned Income Tax Credit (EITC): If your income is within the eligible range, you might qualify for the EITC, which can provide a significant refund. For 2024, the income limit for a single filer with one qualifying child is $43,492. You can find more information on the IRS EITC page and TurboTax's EITC guide.
• Dependent Care Credit: If you paid for childcare so you could work or look for work, you might be eligible for this credit. It covers up to 35% of your qualifying expenses, with a maximum of $3,000 for one child. More details are available on the IRS Dependent Care Credit page and TurboTax's guide.

To add your grandson as dependent in TurboTax here are the steps:

1. Be sure you are logged into TurboTax for link in step to work.
2. For TurboTax Online, go to the Personal profile screen.
3. For TurboTax Desktop, open or continue your return and select Personal Info.
4. Select Add another dependent/Edit if you need to add someone. Select the trash can icon next to the name of a dependent to remove them. We'll ask you to confirm before we take them off your return.
5. TurboTax will then guide you through the steps to determine which credits you are eligible for.