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posted Oct 16, 2023 2:40:43 PM

What is the child tax credit for 2023? what is the maximum age to get the credit?

my 18 yr old is 18. why can't i get $3500 CTC if she is a full time student?

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1 Best answer
Level 15
Oct 16, 2023 2:46:55 PM

The child tax credit for tax year 2022 reverted back to the original amounts after tax year 2021.

The child must be under the age of 17 to be eligible for the $2,000 child tax credit.  If the child is 17 or older then they are only eligible for the Other Dependent credit of $500.

2 Replies
Level 15
Oct 16, 2023 2:46:55 PM

The child tax credit for tax year 2022 reverted back to the original amounts after tax year 2021.

The child must be under the age of 17 to be eligible for the $2,000 child tax credit.  If the child is 17 or older then they are only eligible for the Other Dependent credit of $500.

Level 15
Oct 16, 2023 2:47:04 PM

Sorry has to be UNDER 17 on Dec 31, 2022 to get the Child Tax Credit.The rules changed for 2022.  They went back to the old rules.

 

Child Tax Credit

Child Tax Credit - TurboTax Tax Tips & Videos

 

What is the Child Tax Credit

https://ttlc.intuit.com/turbotax-support/en-us/help-article/taxation/child-tax-credit/L2lNhfGDl_US_en_US