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Deductions & credits
Yes, you should get up to $2,000 for that child.
The Child Tax Credit is a tax credit you can claim for each qualifying dependent child on your return. You can get up to $2,000 for each child under age 17 if your modified adjusted gross income (AGI) is less than:
- $400,000 if you're Married Filing Jointly or a Qualifying Surviving Spouse, or
- $200,000 for all other filing statuses
To qualify, your child must meet all of these requirements:
- Be under the age 17 at the end of the tax year
- Is your child, stepchild, foster child, adopted child, sibling, step-sibling, half-sibling, or a descendant of any of them (for example, a grandchild, niece, or nephew)
- Has their own Social Security number
- Children with ITINs don't qualify, but may instead be eligible for the $500 Credit for Other Dependents
- Lived with you for more than half the year
- Didn't support themselves (didn't pay more than half their expenses)
- Is a U.S. citizen, U.S. national, or U.S. resident alien
- Residents of Canada or Mexico don't qualify
For additional information use this link: What is The Child Tax Credit
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‎January 31, 2024
7:15 AM