Taxes

Front

How much does the child tax credit allow taxpayers to claim?

Back

$2,000

Front

Under what age do children qualify for child tax credit?

Back

17

Front

If someone qualifies for child tax credit, what is the lowest their tax liability can be reduced to?

Back

$0

Front

What is the refundable portion of the child tax credit called?

Back

Additional child tax credit

Front

If a taxpayer's child tax credit is more than their tax liability, what happens?

Back

They may be eligible to claim an additional child tax credit

Front

The child tax credit is the same every year and does not change

Back

False

Front

Only biological children qualify for child tax credit

Back

False

Front

The additional child tax credit is also a tax credit of up to $1,600 per qualifying child

Back

True

Front

Taxpayers must meet additional requirements to claim the additional credit

Back

True

Front

Child tax credit is part of taxes

Back

True