Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
basaer
New Member

Why I didn't get any Child Tax Credit? I didn't work for 2016 so I have no W2. Would I steal get Child Tax Credit?

 
1 Best answer

Accepted Solutions
bwa
Alumni
Alumni

Why I didn't get any Child Tax Credit? I didn't work for 2016 so I have no W2. Would I steal get Child Tax Credit?

The child tax credit is not a refundable credit.  It can reduce your tax liability if you have one, but won't create a refund.  If you owe no tax, there is no benefit to the child tax credit.

View solution in original post

3 Replies
bwa
Alumni
Alumni

Why I didn't get any Child Tax Credit? I didn't work for 2016 so I have no W2. Would I steal get Child Tax Credit?

The child tax credit is not a refundable credit.  It can reduce your tax liability if you have one, but won't create a refund.  If you owe no tax, there is no benefit to the child tax credit.

SweetieJean
Level 15

Why I didn't get any Child Tax Credit? I didn't work for 2016 so I have no W2. Would I steal get Child Tax Credit?

The Child Tax Credit (CTC) was designed to help working families offset the cost of raising children  You did not work.
re2boys
Level 9

Why I didn't get any Child Tax Credit? I didn't work for 2016 so I have no W2. Would I steal get Child Tax Credit?

The Additional Child Tax Credit (ACTC), a refundable credit,  requires you to have at least $3000 in earned income to qualify. 

Dynamic AdsDynamic Ads
Privacy Settings
v