How much are you getting for the additional child Tax Credit?
The additional child tax credit is calculated based ONLY on earned income. You would subtract $2,500 from your earned income and multiple that by 15%. So if you earned $12,500 your credit would be limited to $1,500. Any income from social security, interest, dividends, or other unearned income would not be counted in the calculations to claim the ACTC.
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