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  2. 5 days ago · Learn who qualifies for the 2023 Child Tax Credit and how to claim it on your tax return. Find out the income limits, dependent requirements, and other tax credits for families.

    • Age test. To qualify, a child must have been under age 17 (i.e., 16 years old or younger) at the end of the tax year for which you claim the credit.
    • Relationship test. The child must be your own child, a stepchild, or a foster child placed with you by a court or authorized agency. An adopted child is always treated as your own child.
    • Support test. To qualify, the child cannot have provided more than half of his or her own financial support during the tax year.
    • Dependent test. You must claim the child as a dependent on your tax return. Bear in mind that in order for you to claim a child as a dependent, he or she must
  3. Nov 25, 2023 · Key Takeaways. The Child Tax Credit is a $2,000-per-child tax benefit claimed by filing Form 1040 and attaching Schedule 8812 to the return. To qualify for the credit, the taxpayer's...

  4. Mar 5, 2024 · See how much the 2023 child tax credit is worth, how to claim it on your federal tax return, and differences in the child tax credit 2023 vs. 2022’s credit.

  5. Jan 3, 2024 · Tax credit per child for 2023. The maximum tax credit per qualifying child is $2,000 for children under 17. For the refundable portion of the credit (or the additional child tax credit),...

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  6. Jul 12, 2024 · Who qualifies for the Child Tax Credit? Qualifying for the Child Tax Credit is about more than just having a child in your home. In fact, there are seven requirements, or “tests,” that must be met to qualify for this credit. Let’s dig into them: Age: The child must be under age 17 at the end of the tax year.

  7. To qualify, a child must: Have a Social Security number. Be under age 17 at the end of 2023. Be claimed as a dependent on your tax return. A portion of the Child Tax Credit is refundable for 2023. This portion is called the Additional Child Tax Credit (ACTC). For 2023, up to $1,600 per child may be refundable.