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Can I claim ACTC after $7500 EV tax credit if my Earned Income tax is $8000?

My income tax is about $8000 and I am qualify for Child TAX Credit.  If I buy a qualify EV that gives me $7500 tax credit, would I still be able to use ACTC to get child tax credit?

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Can I claim ACTC after $7500 EV tax credit if my Earned Income tax is $8000?

Short answer is YES ...  if your federal tax is $8000 and the EV credit reduces it to $500 then the CTC would be limited to $500 leaving $1500 ATCT  to be refundable ($2000 - $500 = $1500). 

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Can I claim ACTC after $7500 EV tax credit if my Earned Income tax is $8000?

Can I claim ACTC after $7500 EV tax credit if my Earned Income tax is $8000?

Short answer is YES ...  if your federal tax is $8000 and the EV credit reduces it to $500 then the CTC would be limited to $500 leaving $1500 ATCT  to be refundable ($2000 - $500 = $1500). 

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