turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

I have 2 chlidren under 18 - why is it only showing $1,000 chld tax credit?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

I have 2 chlidren under 18 - why is it only showing $1,000 chld tax credit?

The CTC is only for dependents under 17  not under 18. 

View solution in original post

4 Replies

I have 2 chlidren under 18 - why is it only showing $1,000 chld tax credit?

The CTC is only for dependents under 17  not under 18. 

I have 2 chlidren under 18 - why is it only showing $1,000 chld tax credit?

thank you

I have 2 chlidren under 18 - why is it only showing $1,000 chld tax credit?

They both must be age 16 or less on 12/31/2017. Was either born in 2017?

I have 2 chlidren under 18 - why is it only showing $1,000 chld tax credit?

To claim the Child Tax Credit

  • Your dependent must be under 17 years of age on the last day of the year
  • The Child Tax Credit cannot be used to reduce your tax liability below zero (cannot exceed taxes owed)
  • Also, the Child Tax Credit is reduced by $50 for every $1,000 that your Adjusted Gross Income exceeds $110,000

Go back to the personal info tab and edit the dependents and check all your entries for them, especially dependent type. Check the child’s Social Security number, date of birth, and designate that the child lived with you for over six months (if true).

To read more about the Child Tax Credit, please see this IRS link:

 https://www.irs.gov/uac/Ten-Facts-about-the-Child-Tax-Credit


From <https://ttlc.intuit.com/questions/4174954-how-do-i-get-the-expanded-child-tax-credit

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question