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brezhae
New Member

I have 2kids and i made 6,540 2019 but it says im only gettin 3,330

 
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2 Replies

I have 2kids and i made 6,540 2019 but it says im only gettin 3,330

That's right where it should be for your situation. 

 

The EIC and additional Child tax credits phase-in at low income levels, and won't maximize until you approximately double your wage income  (If I recall properly).  

 

In the future, any child who reaches age 17....then  a chunk of it will be lost too.

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

I have 2kids and i made 6,540 2019 but it says im only gettin 3,330

That sounds right for that amount of income and two children.  You are getting back any federal tax withheld, plus earned income credit and additional child tax credit.

 

Look at your 2019 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 13a

Credit for Other Dependents line 13a

Earned Income Credit line 18a

Additional Child Tax Credit line 18b

Child and Dependent Care Credit line 18d

 

 

 

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

https://ttlc.intuit.com/questions/1900643-what-is-the-child-and-dependent-care-credit

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

 

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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