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The Child and Other Dependent Tax Credit is not a credit that is paid by the taxpayer, rather it is a credit received to offset your tax liability. This credit is received based on the dependents listed on your return. There are two variations of this credit:
To remove this credit, you remove the dependents listed on your return in the My Info menu on the left. Click on My Info, scroll to the dependent you wish to remove, and click the trash can icon to the right of the name to delete.
Is that child and other dependent tax credit for 2020 tax year or will I get offset in overall federal tax due?
Thanks,
yan
The child and other dependent tax credit for 2019 is what will be on your 2019 return. This is based on the number and type of dependents listed on your return. The return doesn't carry from year to year.
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