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What Is the Child Tax Credit?
The credit is also partially refundable, known as the additional child tax credit (ACTC).
Do New Parents Qualify?
Here are additional requirements for your dependent, perIRSrules:
How Much Is the Child Tax Credit?
According toCongress.gov, the CTC phases out for higher-income families.
Individual Income Tax Return, and attach a completed Schedule 8812, Credits for Qualifying Children and Other Dependents.
you could also claim the CTC if you file your taxes electronically.
The platform you use will walk you through each step and automatically calculate the CTC for you.
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