Tax Tools

How does the Child Tax Credit work?

The Child Tax Credit (CTC) is a non-refundable tax credit for each qualifying child you carry on your federal tax return.

The Child Tax Credit (CTC) is a non-refundable tax credit for each qualifying child you carry on your federal tax return. The credit is worth up to $2,000 per child but is limited to the amount of tax you owe on your return. The remainder amount cannot be taken as a refund. However, if you are unable to take the full Child Tax Credit because your tax liability is less than the amount of the CTC, you may qualify for the Additional Child Tax Credit – which is fully refundable (up to $1400 per/child). What’s more, starting in 2018, you could receive a personal tax credit of up to $500 for other qualified dependents in your household.

You have enough on your plate with juggling home, work and caring for your children – sit down with one of our Tax Pros and you’ll be glad you did! Our Tax Preparation Experts are IRS certified and go through a rigorous training process to insure accuracy, satisfaction and maximum refund – guaranteed!

Use our easy CTCulator to find out if you qualify to claim the Child Tax Credit on your tax return.

Child Tax Credit Calculator

How many qualifying children under the age of 17 are you claiming on tax return?

(Enter number of children inside of box)

Did the qualifying child or children live with you for more than 6 months during the tax year?

(See *exceptions below – if applicable answer "Yes")

How many qualifying dependents are you claiming on your tax return that are 17 years of age or older?

(Enter number of children inside of box)

Did the qualifying dependents live with you ALL year during the tax year?

(See *exception below for "parents" – if applicable answer "Yes")

What was your Adjusted Gross Income - AGI - for the tax year?

(Enter Income inside of a box)

What is your filing Status?
Choose one:

Congrats!

Based on the info you provided, you may qualify for the following:

Child Tax Credit (CTC):up to $
- Refundable CTC:up to $
Other Dependent Credit:up to $
FREE TAX REVIEW!
26 Book Now

Sorry,

based on the information you provided, you cannot claim the Child Tax Credit.

However, you may eligible for other credits & deductions.

Free Tax Consultation!

26 Book Now

Qualifying Child Rules & Assumption for the CTCulator

  • The earned income threshold for the refundable credit is lowered to $2,500.
  • The beginning credit phaseout for the child tax credit increases in 2018 to $200,000 ($400,000 for joint filers).
  • The qualifying child must not provide more than half of his or her own support
  • You must be able to claim the qualifying child as a dependent on your tax return (must meet all 4 tests in order to claim your child as a dependent – see your preparer for more info)
  • The CTCulator does not take into account any exclusion of income from Puerto Rico and Foreign Earned Income from the following forms: 2555 Lines 45&50; 2555-EZ Line 18 and 4563 Line 50
  • The qualifying child must be a U.S. citizen, a U.S. national or a U.S. resident alien.
  • Qualifying Child: Relationship to child must be son or daughter, a stepchild, brother or sister, stepbrother, stepsister and any of their descendants. A foster child must be placed with you by a court or authorized agency. An adopted child is always treated as your own child.
  • Qualifying Other Dependent: All of the "Qualifying Child" relationships above for ages over the of 16 and other relatives including mother, father, grandparents, aunt, uncle, brother-in-law, sister-in-law, daughter-in-law, son-in-law, son or daughter of your half-brother or half-sister or any member of your household that lived with you all year.
  • The child cannot file a joint return (or file it only to claim a refund).

Qualifying Child Test must meet all 6 tests below:

  • Age Test: The child was under age 17 (so 16 or younger) at the end of the tax year.
  • Relationship Test:  The child is your daughter, son, stepchild, foster child, adopted child, brother, sister, stepbrother, stepsister, half-sister or half-brother. The child can also be the direct descendant of any of those just mentioned (e.g. your grandchild, niece or nephew).
  • Support Test: The child did not provide more than half of their own "support." This is money they use for living expenses. The child also cannot file a joint return that year.
  • Dependent Test: The child must be claimed as your dependent on your federal tax return.
  • Citizenship Test: The child must be a U.S. citizen, a U.S. national or a U.S. resident alien. For the 2018 tax year, the child must also have a Social Security Number.
  • *Resident Test: The child must have lived with you for more than half of the tax year. (*exception - temporary absences by you or the child for special circumstances, such as school, vacation, business, medical care, military services or detention in a juvenile facility, are counted as time the child lived with you)

Affordable Care Act (ACA)

Affordable Care Act (ACA) and what it means for your taxes

Learn More

ATC BONU$ Loan

Advance Tax Loan, up to $5001 No Credit Check. High Approvals.

Learn More

Find an ATC office

Stay Updated

Subscribe to our free newsletter and receive the latest updates.

Your information will not be published.

Have you heard about child tax credit?

Here is a short checklist for you to know and learn everything on how you and your kid can qualify for the child tax credit. Click here: https://t.co/DjQYtj7rCL

Have you heard about child tax credit?  Here is a short checklist for you to know and learn everything on how you and your kid can qualify for the child tax credit. Click here: https://t.co/DjQYtj7rCL

Friday Fun Fact

Form 1040 has been replaced with a new look. The New Tax Form is now Postcard-Size reducing from 79 lines down to 23 lines.

The goal is to simplify and for the millions of taxpayers could save a bit of time on their filings this year.

Do you agree on thi

Friday Fun Fact  Form 1040 has been replaced with a new look. The New Tax Form is now Postcard-Size reducing from 79 lines down to 23 lines.  The goal is to simplify and for the millions of taxpayers could save a bit of time on their filings this year.  Do you agree on thi

SPECIAL THANK YOU: to all the wonderful customers we've served over the years (150K+ tax returns filed). This year we got over the 10,000 tax returns mark. It is truly a pleasure and a privilege and we are most grateful to ALL of YOU - our valued customers!

SPECIAL THANK YOU: to all the wonderful customers we've served over the years (150K+ tax returns filed). This year we got over the 10,000 tax returns mark. It is truly a pleasure and a privilege and we are most grateful to ALL of YOU - our valued customers!

Our ATC tax experts are ready to assist you all the way. Get in touch and connect with us right now.

Find your nearest ATC office and make an appointment today.

https://t.co/1sza246SWm

Our ATC tax experts are ready to assist you all the way. Get in touch and connect with us right now.  Find your nearest ATC office and make an appointment today.  https://t.co/1sza246SWm

1.1 M
Tax Returns get audited every year.

Get Accuracy, Assistance, and Audit protection---the ATC triple promise that your return will be done right. And will be right by your side if you are audited by the IRS.

1.1 M 
Tax Returns get audited every year.  Get Accuracy, Assistance, and Audit protection---the ATC triple promise that your return will be done right. And will be right by your side if you are audited by the IRS.

This message is only visible to admins:
Unable to display Facebook posts

Error: Error validating application. Application has been deleted.
Type: OAuthException
Code: 190
Click here to Troubleshoot.