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Deductions & credits
There could be several reasons:
You must have claimed a child as a dependent to be eligible for the Child Tax Credit.
If your adjusted gross income exceeds $100,000, the CTC is reduced by $50 for every $1,000 or portion thereof that your AGI exceeds the $100,000.
The CTC cannot be used to reduce your taxable income below zero.
May 31, 2019
9:14 PM