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Deductions & credits
@michellerh18 unfortunately, no. The child tax credit requires you to work to be eligible for the credit.
The formula provides a refundable credit of 15% of your earnings that exceed $2500 up to $1700 (2024) per child.
Obviously, if there are no earnings, 15% of that remains zero......
p.s. and child support is not "income" per the IRS definitions.
‎August 27, 2024
1:29 PM