topic What are the income guidelines for claiming child tax credit? in Deductions & credits

What are the income guidelines for claiming child tax credit?

MacB — Sat, 01 Jun 2019 04:28:08 GMT

I made under $3,000 last year. I was wondering if I could receive the child tax credit.

The Child Tax Credit starts to phase out at incomes of:...

KenH1 — Sat, 01 Jun 2019 04:28:10 GMT

The Child Tax Credit starts to phase out at incomes of:

$110,000 on a joint return
$75,000 for an unmarried individual
$55,000 for a married individual filing a separate return

A summary of the credit can be found here: Child Tax Credit

TurboTax will apply it automatically.

Hope this helps.

Does this mean that I would still receive a portion of th...

MacB — Sat, 01 Jun 2019 04:28:11 GMT

Does this mean that I would still receive a portion of the child tax credit even though my income is so low?

Yes, you would, assuming you have a qualifying child.

KenH1 — Sat, 01 Jun 2019 04:28:13 GMT

Yes, you would, assuming you have a qualifying child.

To clarify, if your income is under $3000 with a qualifyi...

KenH1 — Sat, 01 Jun 2019 04:28:13 GMT

To clarify, if your income is under $3000 with a qualifying child, you would be eligible for the Earned Income Tax Credit, but not the similar sounding Child Tax Credit.