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March 27, 2025
Question

I raise a grandchild under 17 but it saying I get 0 refund. With child credit

  • March 27, 2025
  • 1 reply
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1 reply

JohnB5677
March 27, 2025

Be sure that the grandchild is listed in My Info on your tax return.

Go through the interview for the child and be sure IT DOES NOT INDICATE that they can be claimed by another taxpayer.

 

The Child Tax Credit is based on the amount of tax that you owe. If the credit exceeds your tax liability, you may be getting the Additional Child tax credit.

 

The maximum tax credit per qualifying child is $2,000.  This will offset any taxes you may owe.

 

To post the Child Tax Credit

  1. Log into TurboTax
  2. Deductions & Credits
  3. Let's check for child and other dependents credits [Continue]
  4. Do these uncommon situations apply?
  5. You will probably choose [] None of these apply
  6. You will get a statement if you qualify or not.

If you don’t owe any taxes, you still may qualify for the additional child tax credit.  This can be up to $1,700 per qualifying child.

 

Who can get the credit

You can claim the Child Tax Credit for each qualifying child

  • Who has a Social Security number and
  • That is valid for employment in the United States.

To be a qualifying child for the 2024 tax year, your dependent generally must:

  • Be under 17 at the end of the tax year.
  • Be your son, daughter, stepchild, eligible foster child, brother, sister, stepbrother, stepsister, half-brother, half-sister, or a descendant of one of these (for example, a grandchild, niece or nephew).
  • Not provide more than half of his or her own support for the tax year.
  • Have lived with you for more than half the tax year.
  • Be claimed as a dependent on your return.
  • Not file a joint return for the year (or filed the joint return only to claim a refund of taxes withheld or estimated taxes).
  • Be a U.S. citizen, U.S. National or a U.S. resident alien.
  • Must have a Social Security Number that is valid for employment and is issued before the due date of your tax return (including extensions).

You qualify for the full amount of the 2024 Child Tax Credit for each qualifying child if you meet all eligibility factors and your annual income is not more than $200,000 ($400,000 if filing a joint return).

 

Parents and guardians with higher incomes may be eligible to claim a partial credit

 

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