Why dud I only get a child tax credit of $500

[onealangie1218]

My child is 14 and does not bring in any income

[xmasbaby0]

You may have answered a question in My Info incorrectly.   Or does the child not have a Social Security number?   If your child has an ITIN you only get the $500 credit.    If your child has a SSN make sure you did not say it is not valid for employment.  There is an oddly worded question that asks if the child paid for over half their support--say NO.   

[JohnB5677]

The Child Tax Credit is a refundable credit.  That means you can only get up to the amount you owe in taxes for the credit.

However, there is an Additional Child Tax credit that is not refundable, and is located in a different area of your tax return.

You can preview your tax return by going to:

1. On the menu bar on the left that shows.
2. Select Tax Tools
3. On the drop-down select Tools
4. On the popup menu
5. Select View Tax Summary
6. On the left sidebar
7. Select Preview my 1040.
8. Schedules 1,2&3 are included if you scroll down past your 1040.
9. To return to the entry screens press Back on the sidebar.

Some key numbers on your 1040 tax return are:

Line 19 -Child tax credit

Line 24 - Total Tax.

Line 28 - Additional Child tax credit

If you did not get the Additional Child Tax Credit, please see this IRS Article on Who Qualifies to confirm the rules for getting the credit.

Please contact us again with any questions, and provide some additional details.

[xmasbaby0]

https://www.irs.gov/help/ita/does-my-childdependent-qualify-for-the-child-tax-credit-or-the-credit-f...