Asked by Sydnee Frakes on Jul 01, 2024
The child tax credit of $1,000 per child is available for taxpayers with children under the age of 16.
Child Tax Credit
A tax credit available to taxpayers for each qualifying dependent child, aimed at reducing their tax liability.
Under The Age
A phrase used to denote individuals who are younger than a specific age threshold, often in the context of eligibility for benefits or responsibilities.
- Identify the qualifications needed to claim the child tax credit and the credit for expenses related to child and dependent care.
Learning Objectives
- Identify the qualifications needed to claim the child tax credit and the credit for expenses related to child and dependent care.
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