The IRS Farmer's Tax Guide -pub 225 - allows you to claim the Farm Optional method (explained on page 81). Pub 225 states: . You can use this method if you meet either of the following tests.
1. Your gross farm income is $10,860 or less.
2. Your net farm profits are less than $7,840.
Since you need at least $2500 of positive income to claim credit for the kids, this will allow you to claim the credit and keep your Social Security credits active.
The child tax credit is for children under 17 and the value did increase for 2025, up to $2200 per child.
It wouldn't hurt to try the optional method, pay a little SE tax and get a big child credit- if you qualify.
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