Child Tax Credit with no earned income

Forum|Forum|1 year ago
February 2, 2025
2 replies
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I am retired and received no earned income in 2024, only pension, dividends and social security. I entered all information in the return and TurboTax online states that my daughter, who is under 17, qualifies for the CTC ($2000). In 2023, my daughter qualified under the “Credit for Other Dependents” with the same incomes. Is this a potential bug? The IRS clearly states that the CTC does not start to kick in until $2,500 of earned income.

TurboTax Basic Windows

Best answer by NCPERSON1

@lambs63 if you see $1900 on Line 28, that would imply earned income of $15,200.

The additional child tax credit is 15% of your AGI that exceeds $2500 or $1800 per child whichever is lower.

At $15,200 of income, the aCTC would be $1900.

xmasbaby0

Employee

If you have no income from working, you will not get the refundable portion of the CTC. For a child under the age of 17 you may get the CTC of $2000 on line 19 of your Form 1040, which can be used to reduce your tax owed to zero. But unless you have at least $2500 of income from working you will not get any of the refundable additional child tax credit that appears on line 28.

**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.**

Bsch4477

Employee

You have to have earned income to get the child tax credit.