RobertB4444
Expert Alumni

Deductions & credits

The child tax credit is $2000 for each child that you have as a dependent under the age of 17.  If you use that full $2000 to reduce your tax bill then it's used up and a good deal because it reduced your taxes.

 

But if you don't need the full $2000 to reduce your tax bill then whatever portion you don't use can be refunded to you.  That is the additional child tax credit. 

 

@pattibroughton-y 

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