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nzak33
New Member

When will the new taxes show up in Turbo Tax? For example the Child Tax Credit is still showing $1,000 per dependent but it should be more w/the new tax bill passed.

 
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xmasbaby0
Level 15

When will the new taxes show up in Turbo Tax? For example the Child Tax Credit is still showing $1,000 per dependent but it should be more w/the new tax bill passed.

No.  Those changes go into effect when you file your 2018 tax return next year in 2019.  The significant change affecting your 2017 return is the 7.5% of AGI threshold for medical expenses.

https://turbotax.intuit.com/tax-reform?cid=em_39665_3101_002_2017

**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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3 Replies
xmasbaby0
Level 15

When will the new taxes show up in Turbo Tax? For example the Child Tax Credit is still showing $1,000 per dependent but it should be more w/the new tax bill passed.

No.  Those changes go into effect when you file your 2018 tax return next year in 2019.  The significant change affecting your 2017 return is the 7.5% of AGI threshold for medical expenses.

https://turbotax.intuit.com/tax-reform?cid=em_39665_3101_002_2017

**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.**
dandewolfe
New Member

When will the new taxes show up in Turbo Tax? For example the Child Tax Credit is still showing $1,000 per dependent but it should be more w/the new tax bill passed.

it comes up at H and R block
xmasbaby0
Level 15

When will the new taxes show up in Turbo Tax? For example the Child Tax Credit is still showing $1,000 per dependent but it should be more w/the new tax bill passed.

<a rel="nofollow" target="_blank" href="https://turbotax.intuit.com/tax-tips/family/7-requirements-for-the-child-tax-credit/L3wpfbpwQ">https...>
**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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