Why didn't I get my child credit on my stimulus I read online it was a glitch in tax services I received from turbo tax that say I have no dependents ?

Forum|Forum|5 years ago
January 1, 2021
2 replies
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I didn't receive the $335 NC sent out for child credit for virtual learning now I haven't received stimulus for my 2 children I received a refund for 2019 tax returns

taxlady28

You can go back and look at your 2019 return to see if it shows that the dependents were claimed. You will claim any missed stimulus payment on your 2020 taxes.

This year the 1040 form will have Line 30. Line 30 will show the amount of federal money that you were entitled to receive for the economic stimulus but did not receive. That money will be applied to any taxes you owe and the rest will be refunded to you.

When you are working online in TurboTax and want to see the 1040 form, you will go to Tax Tools, Tools, the Tax Summary. Once you are in Tax Summary there will be a selection on the left to view the 1040 form. You can then see exactly what is on Line 30. If you do not think it is correct, contact TurboTax for before you file.

my1940sfordAuthor

No the question of why this happened was not answered and I did double check everything to see i claimed 2 children under 17 we didn't make to much or to little file and paid taxes for 2019 the irs on all websites and phone messages never got back to me and I have been patient I did all these things before and then again I turned to the internet for assistance thanks for trying to answer my question anyway

NCPERSON1

@my1940sford - no one on this board would no 'why', but we can explain how it works and how it will be resolved on your 2020 tax return.

The way this REALLY works is EVERYTHING is based on you 2020 income, filing status and number of children under the age of 17. What these numbers were in 2018 and 2019 does not matter.

The IRS will calculate your stimulus based on 2020 numbers; that is what is considered the ACTUAL.

The two payments were just ESTIMATES

if the ACTUAL is greater than the ESTIMATE, you will receive that amount as a credit on your 2020 tax return.

if the ESTIMATE is greater than the ACTUAL, you are not required to return the money nor does it impact your refund. Line 30 on Form 1040 will be zero.

I hope that helps.

NCPERSON1

on the $335 - please google that. I also live in NC and I read that the window to receive the $335 has been extended through at least early 2021, so all is not lost.

did you file 2019 taxes and do you have record it was actually filed???? maybe that is the issue?????

Critter-3

https://www.ncdor.gov/extracredit

NCPERSON1

@Critter-3 - it hasn't posted on the state website, but the state didn't get enough takers for the money available so the deadline has been extended. This money is from the CARES Act which required states to 'use it or lose it' by Dec. 31, 2020....BUT, the tax law from last week extended the use of the money into 2021!

https://www.charlotteobserver.com/news/politics-government/article248186425.html