Credit helps families with qualifying children get a tax break. You may be able lớn claim the credit even if you don’t normally tệp tin a tax return .
Who Qualifies
You can claim the Child Tax Credit for each qualifying child who has a Social Security number that is valid for employment in the United States .
To be a qualifying child for the 2022 tax year, your dependent generally must :
- Be under age 17 at the end of the year
- Be your son, daughter, stepchild, eligible foster child, brother, sister, stepbrother, stepsister, half-brother, half-sister, or a descendant of one of these (for example, a grandchild, niece or nephew)
- Provide no more than half of their own financial support during the year
- Have lived with you for more than half the year
- Be properly claimed as your dependent on your tax return
- Not file a joint return with their spouse for the tax year or file it only to claim a refund of withheld income tax or estimated tax paid
- Have been a U.S. citizen, U.S. national or U.S. resident alien
You qualify for the đầy đủ amount of the 2022 Child Tax Credit for each qualifying child if you meet all eligibility factors & your annual income is not more than $ 200,000 ( $ 400,000 if filing a joint return ) .
Parents & guardians with higher incomes may be eligible lớn claim a partial credit .
Use our Interactive Tax Assistant béo kiểm tra if you qualify .How to Claim This Credit
You can claim the Child Tax Credit by entering your children và other dependents on Form 1040, U.S. Individual Income Tax Return, và attaching a completed Schedule 8812, Credits for Qualifying Children and Other Dependents .
Other Tax Credits for Families
If you qualify for the Child Tax Credit, you may also qualify for these tax credits :
You may qualify for the Credit for Other Dependents for a child or dependent who is not a ” qualifying child ” for purposes of the Child Tax Credit .
Resources
Source: https://leowiki.com
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