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Up to $1,700 per child may be refundable.
But thechild tax credit isnt automatically applied and you will need to claim it on your taxes.
Taxpayers must file Form 1040 and complete Schedule 8812 to determine their credit amount, Park said.
Then, the IRS will calculate your eligibility for the credit based on your income limits.
Many hourly workers in the U.S. qualify fordifferent child tax credits, both federal and state, he said.
Yet, a fair amount of data exists that shows not all people who are eligible realize this.
Carefully review the criteria to verify that each child you claim the credit for qualifies.
A child must have a Social Security number issued before the due date of the return, explained Park.
That can get complicated when you have a new baby just before your tax return is due.
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