Keyword Analysis & Research: child tax credit income limits 2021 phase out


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Frequently Asked Questions

When does the child tax credit end?

The Child Tax Credit is given to taxpayers for each qualifying dependent child who is under the age of 17 at the end of the tax year. The tax legislation passed in December 2017 doubled the credit to $2,000 per child and made much of it refundable.

When Child Tax Credit phase out?

Credit is phased out at higher income levels. The child tax credit is reduced or eliminated if your adjusted gross income is above certain thresholds. The credit amount is reduced by $50 for each $1,000 (or fraction thereof) by which the taxpayer's modified adjusted gross income (AGI) exceeds the threshold amount.


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