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New Member
posted May 31, 2019 11:01:56 PM

My question is before adding my depenent i was going to get a refund at a set amount then i added my dependent and it stayed the same. So is there a reason why it didnt change

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1 Best answer
New Member
May 31, 2019 11:01:57 PM

  • The child tax credit is not a refund. 
  • It lowers your tax due you do not receive $4000 for having a dependent.  The "$4000 tax  break" you saw means that since you have a dependent, $4000 of your income is "tax free."
  • Your "dependent deduction" lowers the amount of your income that you have to pay tax on.
  • If you have less than $1000 due, you do not get the full amount.

1 Replies
New Member
May 31, 2019 11:01:57 PM

  • The child tax credit is not a refund. 
  • It lowers your tax due you do not receive $4000 for having a dependent.  The "$4000 tax  break" you saw means that since you have a dependent, $4000 of your income is "tax free."
  • Your "dependent deduction" lowers the amount of your income that you have to pay tax on.
  • If you have less than $1000 due, you do not get the full amount.