Am I Eligible for the Child Tax Credit?
Am I Eligible for the Child Tax Credit: There are two parts of the Child Tax Credit, the Child Tax Credit and the Additional Child Tax Credit. The Child Tax Credit is a credit that may reduce your tax by as much as $1,000 for each of your qualifying children. The Additional Child Tax Credit is a credit that you may be able to take if you are not able to claim the full amount of the Child Tax Credit. You may not qualify for the Child Tax Credit, but qualify for the Additional Child Tax Credit.
Information You Will Need:
- Citizenship status, filing status, and information about your dependent children (i.e., ages)
- Basic income information and amounts for items such as tax liability and credits
- If you have been provided a Form 8332 (or similar statement) allowing you to claim the child as a dependent, you can consider that the child lived with you for more than half of the year. Keep this in mind when answering related questions during the interview.
Estimated Completion Time: 15 minutes. However: 5 minutes of inactivity will end the interview and you will be forced to start over.
The following interview covers the same questions you would answer if you called our toll-free tax assistance telephone number or if you came into a Taxpayer Assistance Center.
