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Child Tax Credit (CTC)

Child Tax Credit (CTC). What is Child Tax Credit?. The child tax credit is a nonrefundable credit that allows taxpayers to claim a tax credit of up to $1,000 per qualifying child, which reduces their tax liability. Additional Child Tax Credit.

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Child Tax Credit

Child Tax Credit. Child Tax Credit is one of the major refundable tax credit The maximum amount taxpayers may claim for the nonrefundable child tax credit is $1,000 for each qualifying child. If you have $1000 refundable credit but your tax liability is $750 then what happens?.

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255 views • 14 slides

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Tax year remember - PowerPoint PPT Presentation

Child Tax Credit (CTC)

Child Tax Credit