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Level 2
Feb 11, 2023 6:06 PM UTC
Question

dependants

I have 2 dependants. One is under 17, the other is a college student that lives at home . The turbotax has $1000 listed for dependants. Last year showed $2000. Shouldnt this year show the same?

    2 replies

    Critter-3
    Level 15
    Feb 11, 2023 6:08 PM UTC

    Sorry but all dependents over the age of 16 only qualified for a $500 tax credit. So two dependents times 500 = 1,000.

    greatoh3Author
    Level 2
    Feb 11, 2023 6:10 PM UTC

    Thank you, I thought that they counted as the same.