Why did I not get the full child tax credit?

I made 20,000 in 2007 and I have 3 small children. I received the EIC. I did not receive the full child tax credit, which is 1000 per child. Turbo Tax said it would be a credit of $1,140. Does anyone know why I didnt get the full $3000. What do I have to do to get the full credit? Should I change something on my return?

Why did I not get the full child tax credit?

Your income is too low.

First you use the child tax credit to lower your tax.

Then you get additional child tax credit if your income is over $11750--at a rate of 15% of the money over 11750. You qualified for $1140, that%26#039;s it.

Why did I not get the full child tax credit?

You should have qualified for earned income credit - that would have given you around 5k - 6k.......depending on how much was held out of your check - do not submit the return to the IRS something is wrong.......

Why did I not get the full child tax credit?

VB is right. The Child Tax Credit only reduces your tax liablity. Unlike the EIC and Additional Child Tax Credit, the CTC is non-refundable.

Your income is low and therefore, the standard deduction and exemptions were able to reduce your taxable income to zero. No tax = no credit.

You can do the Child Tax Credit Worksheet yourself and compare the your figures to TT.

You can find the worksheet on pg. 36 of the 1040a tax booklet.