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It depends. If you have a child that turned 17 years of age in 2024, then only the 'Other Dependent Credit' would qualify for that child. The amount for the ODC is $500.
For more information please see the information in the link below.
I have 2 children under 17, that’s why I’m confused.
I have two children under 17 that is why I’m confused
Check the birth dates for both children to be sure they are correct. Walk through the personal section for your children and review the rules below. Also, it's important to note that if the other parent claims either of the children, only the parent who claims the child is eligible for the child tax credit (CTC) and/or the additional child tax credit (ACTC).
You can claim the Child Tax Credit for each qualifying child who has a Social Security number that is valid for employment in the United States.
To be a qualifying child for the 2024 tax year, your dependent generally must:
You qualify for the full amount of the 2024 Child Tax Credit for each qualifying child if you meet all eligibility factors and your annual income is not more than $200,000 ($400,000 if filing a joint return).
Parents and guardians with higher incomes may be eligible to claim a partial credit.
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