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I had a baby in november 2016, i thought the dependent would add more money to my refund but i'm only getting $110. why?

Forum|Forum|7 years ago
June 1, 2019
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Best answer by Texas Roger

Did you indicate when you entered the baby's information that the child lived with you the whole year. That is the correct answer for a child born during the year. If you did not answer the whole year, you are not claiming the baby as a dependent. Look in Personal Info and see if the baby is listed under dependents with a dependent description beside the baby's name.

How much tax benefit you get from claiming a child depends on how much income you have. You can get EIC with very little earned income. To get additional child tax credit, you must have at least $3000 of earned income. To get any benefit from the $4050 dependency exemption that TurboTax calls a "Tax Break" you must have taxable income for the exemption to offset.

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Texas RogerAnswer

Employee

Did you indicate when you entered the baby's information that the child lived with you the whole year. That is the correct answer for a child born during the year. If you did not answer the whole year, you are not claiming the baby as a dependent. Look in Personal Info and see if the baby is listed under dependents with a dependent description beside the baby's name.

How much tax benefit you get from claiming a child depends on how much income you have. You can get EIC with very little earned income. To get additional child tax credit, you must have at least $3000 of earned income. To get any benefit from the $4050 dependency exemption that TurboTax calls a "Tax Break" you must have taxable income for the exemption to offset.