Can I get extra credit for a newborn in 2023 as opposed to just a regular dependent in 2023?

Forum|Forum|2 years ago
February 23, 2024
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TurboTax Deluxe Online

Best answer by DoninGA

No, there no type of 'extra' credit for a newborn. You are eligible for the Child Tax Credit on the 2023 tax return for all dependent children under the age of 17.

Make sure that you indicate that the child lived with you for the Whole Year where asked in the My Info section when adding a dependent.

DoninGAAnswer

Employee

No, there no type of 'extra' credit for a newborn. You are eligible for the Child Tax Credit on the 2023 tax return for all dependent children under the age of 17.

Make sure that you indicate that the child lived with you for the Whole Year where asked in the My Info section when adding a dependent.

xmasbaby0

Employee

"Extra" credit for a newborn? No. But a when you enter the information for a child who was born in 2023, you need to make sure you say they lived with you for the WHOLE year. Do not pick a lower number of months from that drop down menu.

Careful— do not say that your child’s SSN is not valid for employment. If your child was born in 2023 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.

The child - related credits are shown here

Look at your 2023 Form 1040 to see the child-related credits you received

PREVIEW 1040

https://ttlc.intuit.com/questions/1901539-how-do-i-preview-my-turbotax-online-return-before-filing

Child Tax Credit line 19

Credit for Other Dependents line 19

Earned Income Credit line 27

Additional Child Tax Credit 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.**