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Child credit 2019

After filing. I realized I didnt get the child tax credit for my 2 year old? Also I remember a part where it said we had less than 6000 earned income and asked to check if we were a student or disabled? I dont remember ever putting anything for that.

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2 Replies
CatinaT1
Expert Alumni

Child credit 2019

To qualify for the Child Tax Credit, your child must fit all of these requirements:

  • Be under age 17 at the end of the tax year
  • Is your son, daughter, stepchild, foster child, adopted child, brother, sister, stepbrother, stepsister, half-brother, half-sister, or a descendant of any of them (for example, a grandchild, niece, or nephew)
  • Has his or her own Social Security Number
  • Lived with you for more than half the year
  • Didn't support him/herself (i.e., didn't pay more than half their own expenses)
  • Is a U.S. citizen, U.S. national, or U.S. resident alien

Additionally, you must have tax liability for the credit to be applied to.  If you do not, you may qualify for the Additional Child Tax Credit.

 

These links will provide more information:

Child Tax Credit

Additional Child Tax Credit

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Child credit 2019

It sounds like you are confusing the child tax credit and the childcare credit.   Those are two different child-related credits.  You may get both.

 

 

Did you pay someone to take care of your child while you worked?  If so, you enter the childcare provider's Tax ID or Social Security number in Deductions and Credits>You and Your Family>Child and Dependent Care Credit.   If both of you had earned income you may get the childcare credit which can reduce your tax owed.

 

https://ttlc.intuit.com/questions/1900643-what-is-the-child-and-dependent-care-credit

 

You can see the amount of the childcare credit on your Form 1040

Child and Dependent Care Credit line 12     (comes from Schedule 3 Form 2441)

 

 

As for the child tax credit:

CHILD TAX CREDIT

 

There was lots of hype in the news about the new $2000 Child Tax Credit when the tax law changed for 2018 and beyond.    Unfortunately, some people do not yet understand that it does not mean they will automatically receive $2000 per child just for filing a tax return.

Do not assume your refund will include $2000 per child for child tax credits.  It does not work that way.  The CTC is used first to reduce your tax liability to zero. After that, there is a refundable portion —up to $1400 — called the Additional Child Tax Credit that is calculated based on the amount of income you earned.  You do not necessarily get the maximum amount.  You get 15% of the amount of income earned above $2500--UP to the maximum amount possible.

 

If your child turned 17 in 2019, even on the last day of 2019, you do not get the child tax credit.  There are no exceptions to the rule.  You can still claim your child as a dependent.

Your child must have a Social Security number to get the CTC. 

If your child was born in 2019 you need to say the child lived with you for the WHOLE year.

If your child lived with you for less than half the year you cannot get CTC.

If you did not earn at least $2500 you cannot receive the child tax credit.  Beyond that amount the CTC you receive is affected by your tax liability and the amount you earned.  You might not get the full $2000 of CTC.

 

The child tax credit is reduced by $50 for every $1000 of AGI over these limits:

Married filing jointly                $400,000    (CTC disappears at $440,000)

 

Single, Head of Household, Married Filing Separately or qualifying widower               $200,000  (CTC disappears at $240,000)

 

Look at your 2019 tax return to see the credits you received:

Child tax credit line 12a

Additional Child Tax Credit line 17b   (schedule 8812)

Credit for Other Dependents line 12a

 

PREVIEW 1040

https://ttlc.intuit.com/questions/1901539-how-do-i-preview-my-turbotax-online-return-before-filing

 

https://ttlc.intuit.com/questions/1900923-what-is-the-child-tax-credit

https://ttlc.intuit.com/questions/3029430-why-is-my-child-tax-credit-smaller-this-year

https://ttlc.intuit.com/questions/4505689-why-am-i-getting-the-credit-for-other-dependents-instead-o...

https://ttlc.intuit.com/questions/4499708-what-is-the-500-credit-for-other-dependents-family-tax-cre...

https://www.irs.gov/help/ita/does-my-childdependent-qualify-for-the-child-tax-credit-or-the-credit-f...

 

 

 

**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.**

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