Do I qualify for Additional Child Tax Credit?

[mariah-ayala13]

if I made 2500 for the year?

[DoninGA]

If you are claiming your child as a dependent and you have at least $2,500 of income from work you can be eligible for the Child Tax Credit.

[xmasbaby0 · Accepted solution]

The refundable additional child tax credit is based on having income from working.  The amount that you get as a refund is affected by how MUCH you made by working.  

  The maximum amount of the child tax credit is now $2000 per child; the refundable “additional child tax credit” amount is $1700.   In order to get that credit, you have to have income from working.  The credit is calculated based on the amount you earned above $2500 multiplied by 15%, up to the full $1700 per child. If the amount you earned was too low, you will not get the full $1700.

Look at your 2024 Form 1040 to see the child-related credits you received

PREVIEW 1040

https://ttlc.intuit.com/questions/1901539-how-do-i-preview-my-turbotax-online-return-before-filing

Child Tax Credit line 19

Credit for Other Dependents line 19

Earned Income Credit line 27

Additional Child Tax Credit line 28

[NCperson · Accepted solution]

@mariah-ayala13 simple answer: unfortunately, no.  

the credit is 15% on the income ABOVE $2500.