Why am I only getting $69 Child Dependent Credit

traquelle32 · ‎January 28, 2020

JohnB5677 · ‎January 29, 2020

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.

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View solution in original post

JohnB5677 · ‎January 29, 2020

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"

Why am I only getting $69 Child Dependent Credit