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March 31, 2025
Question

i added two dependents to my 2024 taxes and it did not change my amount due

  • March 31, 2025
  • 2 replies
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    2 replies

    March 31, 2025

    Who are the dependents?   Are they qualifying children or qualifying relatives?   If they are qualifying children you might be getting child tax credit or earned income credit.   If they are qualifying relatives you might only get the non-refundable $500 credit for other dependents, which can reduce your tax owed.

     

     

    **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.**
    March 31, 2025

    Not everyone qualifies for the child tax credit.  See the following TurboTax Help article to determine if you are eligible for the child tax credit:

     

    Child Tax Credit for 2024 - 2025

     

    For information information on the credit for other dependents see:

     

    What is the $500 Credit for Other Dependents (“Family Tax Credit”)?

     

     

      

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