Tax Resources

What is Additional Child Tax Credit?

When will someone receive the additional child tax credit?

If the taxpayer received less than the full amount of the child tax credit because the tax is less than the allowable child tax credit, part of the left over child tax credit may be refundable.

How to calculate additional child tax credit?

For taxpayers with one or more qualifying children, the additional child tax credit is:

Additional Child Tax Credit

Is nontaxable combat pay included in earned income for figuring out additional child tax credit?

Nontaxable combat pay is included as income when figuring out taxable earned income even though combat pay is excluded from taxable income.

What tax form is the additional child tax credit form?

Additional child tax credit is figured on tax form 8812 called the Additional Child Tax Credit (Form 1040A or Form 1040).

What is Additional Child Tax Credit

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