Credits

Child Tax Credit

Answer:

Taxpayers who make under the $110,000 / year are currently still allowed to claim $1,000 per child as their Child Tax Credit. Families making between $110,000 and $130,000 receive a reduced credit (specifically $50 per $1,000 made over $110,000).
CPAdirectory
Answer Provided by: CPAdirectory

Share This Answer

Looking For More?

View all Credits Questions

View More Questions