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?
02343
2 Replies
Critter-3
Level 15
Feb 11, 2023 10:08:58 AM
Sorry but all dependents over the age of 16 only qualified for a $500 tax credit. So two dependents times 500 = 1,000.
greatoh3
New Member
Feb 11, 2023 10:10:39 AM
Thank you, I thought that they counted as the same.