turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Why am I only getting $69 Child Dependent Credit

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
JohnB5677
Expert Alumni

Why am I only getting $69 Child Dependent Credit

It's very difficult to tell without seeing your return, but the most common reason is that you did not owe any or very little tax.

 

The Child and Dependent Care Credit will only offset taxes you owe.  If you don't owe tax or owe very little tax that is all the credit will be.  The amount of tax you owe is on line 16 of your Individual Tax Return.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

1 Reply
JohnB5677
Expert Alumni

Why am I only getting $69 Child Dependent Credit

It's very difficult to tell without seeing your return, but the most common reason is that you did not owe any or very little tax.

 

The Child and Dependent Care Credit will only offset taxes you owe.  If you don't owe tax or owe very little tax that is all the credit will be.  The amount of tax you owe is on line 16 of your Individual Tax Return.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies