Keyword Analysis & Research: child tax credit schedule 2020


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When is child tax credit?

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.

What is the additional child tax credit?

Key Takeaways The Additional Child Tax Credit was the refundable portion of the Child Tax Credit. It could be claimed by families who owed the IRS less than their qualified Child Tax Credit amount. The Additional Child Tax Credit was eliminated from 2018 to 2025 by the Tax Cuts and Jobs Act, but the current form of the Child Tax Credit includes provisions for ... More items...


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