You'll need to sign in or create an account to connect with an expert.
Did you enter any earned income from work that was at least $2,500?
The maximum child tax credit amount is $2000 per child. The credit is divided into 2 different credits refundable and nonrefundable credit. The maximum refundable credit is $1600. To get that credit, you have to have income from work or earned income. The credit is calculated based on the amount you earned above $2500 multiplied by 15%, up to the full $1600 per child. If your earned income is too low you will not get the whole amount. Also if your child turned 17 during 2023, he/she no longer qualifies for the $2000 and instead will only get a $500 credit for other dependents.
To see more information about the Child Tax Credit and the Credit for Other Dependents, see the TurboTax help articles below:
@jp69861
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
MichelleSt
New Member
redjr58
New Member
aallpoadoakdfa
New Member
Ashtinj1
Returning Member
rainacroff
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.