I need some serious explaining. I have a now 3 year old whom I claimed on my taxes because he lives with me and. It dad. I do a lot to take care of him. Dad wants to split tax money but I don't think it's right to go half because the EIC partially comes from my own income. I made $11,700 for the year and got a refund of $5,000.
Is there any way to know how much came from my child alone? How come I don't receive the full ctc? How much do you have to make to receive full credit? I received 1,256 for actc.
And please help me understand the difference between CTC and actc! I'm so lost trying to understand it as well as refundable/non refundable.
Please someone help
