Why is my child credit not showing on my tax return ? I did file them on my 2022 taxes

[diane667808]

One was born in 2019 and the other one was born in2021

[Mike9241]

the laws on the child tax credit have completely changed for 2022. the regular credit can only reduce your tax and any alternative minimum tax (AMT) after certain credits to zero. the additional child tax credit is the smaller of the regular child tax credit remaining after reducing your tax and AMT liability to zero or 15% of earned income in excess of $2,500 and is refundable. 

see form 8812 for the calculations.  

[xmasbaby0]

Make sure you have entered your child as a dependent in My Info, and that you have entered the child's Social Security number.    Careful— do not say that your child’s SSN is not valid for employment.  If your child was born in 2022 make sure you said he lived with you the whole year.  There is an oddly worded question that asks if the child paid over half their own support.  Say NO to that question.

The rules for getting the child tax credit on a 2021 tax return and now on a 2022 return are very different.  For 2021 you could get $3600 for a child under 6 or $3000 for a child between 6 and 17 even if you had no income/did not work.   That is NOT the way it will work for your 2022 tax return.  The “old” rules are back.   The maximum amount of the child tax credit is now $2000 per child; the refundable “additional child tax credit” amount is $1500.   In order to get that credit, you have to have income from working.  The credit is calculated based on the amount you earned above $2500 multiplied by 15%, up to the full $1500.  If your child is older than 16 at the end of 2022, you do not get the CTC.  But you may still get the non-refundable $500 credit for other dependents instead.

https://ttlc.intuit.com/questions/1900923-what-is-the-child-tax-credit

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

And for the Earned Income Credit—-the rules are back to the “old” rules—

Those under 25 and over 65 without children are not eligible as they were uniquely in 2021.   And you cannot use your income from any earlier tax year to get the EIC for a 2022 return.  There is no “lookback” for 2022.  EIC for 2022 will be based on the income you earned by working in 2022.

https://ttlc.intuit.com/questions/1899157-what-are-the-qualifications-for-the-earned-income-credit-e...

https://www.irs.gov/credits-deductions/individuals/earned-income-tax-credit/use-the-eitc-assistant

Look at your 2022 Form 1040 to see the child-related credits you received

PREVIEW 1040

https://ttlc.intuit.com/questions/1901539-how-do-i-preview-my-turbotax-online-return-before-filing

Child Tax Credit line 19

Credit for Other Dependents line 19

Earned Income Credit line 27

Additional Child Tax Credit line 28

[Hal_Al]

The child tax credit  (CTC) is  limited to your tax liability. The CTC is a non-refundable credit and can only reduce your income tax to 0, It can not help you beyond eliminating your tax liability. But, if you have more than $2500 of earned income, some or all of it is usually given back to you thru the "Additional Child tax credit". That is, part of the CTC may be on line 28 of form 1040 (2021 & 2022) instead of line 19. The  ACTC is calculated on form 8812 and  is basically 15% of your earned income over $2500. The ACTC is a maximum of $1500 per child (not $2000).

[Winyan68]

Im having so much of a problem trying to get my child tax credit for my 2 children and i havent recieved anything for 2 years now i have filed by myself all this time but I'm not receiving no money in my account please help me i need my child tax credit before the deadline 

[LindaS5247]

To qualify, your child must meet all of these requirements:

• Be under age 17 at the end of the tax year
• Is your child, stepchild, foster child, adopted child, sibling, step sibling, half sibling, or a descendant of any of them (for example, a grandchild, niece, or nephew)
• Has their own Social Security Number
  • Children with ITINs don't qualify, but may instead be eligible for the $500 Credit for Other Dependents
• Lived with you for more than half the year
• Didn't support themselves (didn't pay more than half their own expenses)
• Is a U.S. citizen, U.S. national, or U.S. resident alien
  • Residents of Canada or Mexico don't qualify

In 2022, the tax credit will be refundable only up to $1,500, depending on your income. You must have earned income of at least $2,500 to be eligible for the refund.

If you meet all of these requirements try connecting with a TurboTax Live Tax Expert who can share your screen and help walk you through your return.

Or, Click here to contact Turbo Tax for assistance.

The Child Tax Credit is a tax credit you can claim for each qualifying dependent child on your return. You can get up to $2,000 for each child under age 17 if your modified adjusted gross income (AGI) is less than:

• $400,000 if you're Married Filing Jointly or a Qualifying Surviving Spouse, or
• $200,000 for all other filing statuses

If your AGI is higher than that, the amount of Child Tax Credit you're eligible for is reduced by $50 for each $1,000 your modified AGI is above the income threshold. For example, if you're Married Filing Jointly making $401,000, you’re eligible for a total credit of $1,950. 

Click here for more information on the Child Tax credit.

To preview your return in TurboTax, to check if you got the credit, you can:

You can view your entire return or just your 1040 form before you e-file:

1. Sign in to your TurboTax account
2. Open or continue your return
3. Select Tax Tools from the menu (if you don't see this, select the menu icon in the upper-left corner)
4. With the Tax Tools menu open, you can then:
   • Preview your entire return: Select Print Center and then Print, save or preview this year's return (you may be asked to register or pay first)
   • View only your 1040 form: Select Tools. Next, select View Tax Summary in the pop-up, then Preview my 1040 in the left menu

[hburkern]

When you state the income must be from working, are you stating a person's income must be reported on a W-2 to count?  I ask because it appears Turbo Tax Premier is not recognizing income earned under Misc Income when calculating income for the child and other dependent care credit.  I have 2479 in W2 income and 225 in Misc Income for an AGI of 2704 however Turbo Tax is stating I do not qualify for the child and other dependent care credit.  Here is what Turbo Tax is stating , "We see you have qualifying children or other dependents, but based on your income and other tax info, you don't qualify for this credit."  I don't understand why I do not qualify.  Can you explain?

Thank you

[CatinaT1]

The child tax credit (CTC) is allowed to reduce your tax to zero, but any balance is not refundable.  You would not have any tax to reduce from the numbers you list.

You likely qualify for the additional child tax credit (ACTC) and you can check if that is on your tax return. The ACTC is a refundable credit. 

  

Check line 28, Form 1040, to see if you have the ACTC or refundable portion listed. You should also see Form 8812 in your tax file. 

  

By using the Tax Tools, you can take a quick review of your 1040: 

To find Tools:  

1. Sign into your TurboTax account and open or continue your return.  
2. Select Tax Tools in the left menu.  
3. You'll find Tools beneath Tax Tools. 
4. Select View Tax Summary 
5. Select Preview My 1040 (left black panel)