You'll need to sign in or create an account to connect with an expert.
For tax year 2023 you must have earned income from work, either wages on a W-2 or net profit from self-employment, of at least $2,500 to be eligible for the child tax credit.
No. Your pension does not count as earned income. This is why you are unable to claim the Child Tax Credit as one of the qualifications is to have earned income of at least $2,500 to get the credit.
Yes the rules went back to the old rules. The last couple years you could get it without having earned income from wages.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
Lhotapa
New Member
fpho16
New Member
allenpark50
New Member
rufusnmaddie
New Member
jvmiller513
Level 1