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Why cant i claim my dependent

why am i not receiving money for my child?
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Accepted Solutions

Why cant i claim my dependent

The $4,050 for your daughter is a deduction, it is not a credit and it is NOT an amount that you get back. The $4,050 reduces your taxes by reducing your taxable income. That is all that it does and you will not get that much back as a refund.

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3 Replies

Why cant i claim my dependent

Why do you think you can't claim your dependent? What does turbotax say?

Why cant i claim my dependent

I submitted mydaughters information and I don't see any funds for her. Only funds from my work. I am supposed to qualify for $4,050 for her and my Federal refund says $551 and my state says $59. What happened to the rest?

Why cant i claim my dependent

The $4,050 for your daughter is a deduction, it is not a credit and it is NOT an amount that you get back. The $4,050 reduces your taxes by reducing your taxable income. That is all that it does and you will not get that much back as a refund.

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