Question

How come my federal refund amount isn't showing child tax credit?

Forum|Forum|1 year ago
January 19, 2025
3 replies
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DoninGA

Have entered any earned income from work of $2,500 or more? Was the child under the age of 17 in 2024?

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jamesgain

Yes I have two dependents on my return why isn't it showing in my return # number

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xmasbaby0

@jamesgain Scroll up in this thread and read the replies above your own post.

**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.**

J

JamesG1

Assuming that you meet all the requirements of the credit, the Child Tax Credit may have been limited. In 2024, the tax credit will be refundable only up to $1,700, depending on your income.

You must have earned income of at least $2,500 to be eligible for the refund.

Are you able to view the tax return and see what credit was received and how the credit was calculated?

The Child Tax Credit is computed on Schedule 8812 Credits for Qualifying Children and Other Dependents.

The Child Tax Credit is reported on line 19 of the Federal 1040 tax return. The Additional Child Tax Credit is reported on line 28 of the Federal 1040 tax return.

On your 2024 tax return, you can claim the Child Tax Credit for each qualifying dependent child on your return. You can get up to $2,000 for each child under age 17 if your modified adjusted gross income (AGI) is less than:

$400,000 if you're Married Filing Jointly or a Qualifying Surviving Spouse, or
$200,000 for all other filing statuses

If your AGI is higher than that, the amount of Child Tax Credit you're eligible for is reduced by $50 for each $1,000 your modified AGI is above the income threshold. For example, if you're Married Filing Jointly making $401,000, you’re eligible for a total credit of $1,950.

To qualify, your child must meet all these requirements:

Be under age 17 at the end of the tax year
Is your child, stepchild, foster child, adopted child, sibling, step sibling, half sibling, or a descendant of any of them (for example, a grandchild, niece, or nephew)
Has their own Social Security Number
- Children with ITINs don't qualify, but may instead be eligible for the $500 Credit for Other Dependents
Lived with you for more than half the year
Did not support themselves (did not pay more than half their own expenses)
Is a U.S. citizen, U.S. national, or U.S. resident alien
- Residents of Canada or Mexico do not qualify

If your child is older than 16 at the end of 2024, you do not qualify for the Child Tax Credit. But you may qualify for the non-refundable $500 credit for other dependents instead.

What is the Child Tax Credit?

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xmasbaby0

Make sure you have entered your child as a dependent in My Info, and that you have entered the child's Social Security number. Careful— do not say that your child’s SSN is not valid for employment. If your child was born in 2024 make sure you said he lived with you the whole year. There is an oddly worded question that asks if the child paid over half their own support. Say NO to that question.

Have you entered income from working in 2024? If not, you will not receive an income tax refund based on having dependent children.

The maximum amount of the child tax credit is now $2000 per child; the refundable “additional child tax credit” amount is $1700. In order to get that credit, you have to have income from working. The credit is calculated based on the amount you earned above $2500 multiplied by 15%, up to the full $1700 per child. If the amount you earned was too low, you will not get the full $1700.

If your child is older than 16 at the end of 2024, you do not get the CTC. But you may still get the non-refundable $500 credit for other dependents instead.

https://ttlc.intuit.com/questions/1900923-what-is-the-child-tax-credit

https://ttlc.intuit.com/turbotax-support/en-us/help-article/taxation/additional-child-tax-credit/L6xFeMFEf_US_en_US?uid=lqnuygah

https://www.irs.gov/help/ita/does-my-childdependent-qualify-for-the-child-tax-credit-or-the-credit-for-other-dependents

**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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branagan

Did you figure this out?? I’m having the same issue. It shows in the summary that I qualify, but isn’t showing in my totally refund. All the answers from the certified tax advisors and customer service are not helping.