Child Tax Credit – How to File with Two Qualifying Children
The Child Tax Credit (CTC) is available to taxpayers with qualifying dependent children. This example covers a family with two qualifying children and how it increases their CTC amount.
Child Tax Credits – Can You Claim with Zero Income?
The Child Tax Credit (CTC) is a federal tax credit helping families with dependent children. In order to claim the credit, you must generally have at least some earned income. If you have zero income, what can you do?
Form 1040-X Amended Tax Return – Child Tax Credit
Form 1040-X is filed to amend a federal income tax return. This sample video covers an amended tax return to make changes related to the child tax credit (CTC).
Child Tax Credits – What is the Support Test?
In order to claim the child tax credit (CTC) taxpayers must have a qualifying child and meet other criteria. This article discusses what it means to meet the "support test" for CTC.
Child Tax Credits – Impact on Unemployment and Welfare Benefits
Many taxpayers with children are eligible for a child tax credit (CTC) when filing their annual Form 1040. A common question is whether the benefit from the CTC impacts their existing unemployment or welfare benefits.
Child Tax Credits – Income Thresholds & Phaseouts
Many taxpayers with children are eligible for a child tax credit (CTC) when filing their annual Form 1040. However, the CTC is subject to phaseouts if the taxpayers' income exceeds certain thresholds.
Child Tax Credit 2023 – What is the Additional Child Tax Credit (ACTC)
The ACTC is a component of the child tax credit (CTC). The ACTC refers to the refundable portion of the credit. This article and presentation covers the differences and similarities.
Child Tax Credit 2023 – What is a Qualifying Child for the CTC?
In order for a taxpayer to claim the child tax credit (CTC) for a dependent, the dependent must meet the qualifying child test. This article discuss what's required to meet the standard.