The deduction for my daughter (17 years old in my household) was recorded as Other dependent in household for $500 instead of Child Tax Credit (for $2,000?) Why?

[MichaelL1 · Accepted solution]

Due to being 17 she no longer qualifies for the $2,000 child tax credit but still qualifies for the $500 credit.

The Child Tax Credit (CTC) is designed to give an income boost to the parents or guardians of children and other dependents. It only applies to dependents who are younger than 17.

The credit is worth up to $2,000 per dependent, but your income level determines exactly much you can get