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 3 kids and wanted to know why my taxes are so low. Anybody have any answers?

 
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 Reply
DanaB27
Expert Alumni

I have 3 kids and wanted to know why my taxes are so low. Anybody have any answers?

Please be aware we cannot see the details of your return. 

 

The Child Tax Credit reverted back to the previous amounts (up to $2,000 for each child under age 17) and is no longer fully refundable. Only $1,500 of this is refundable and you will need earned income of at least $2,500 for the refundable part. If you don't have any taxes due and not enough earned income, you might not get the full Child Tax Credit for each child.

 

Please see What is the Child Tax Credit?, What is the Additional Child Tax Credit?, and What are the qualifications for the Earned Income Credit for additional information.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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