Skip to main content
Level 1
July 21, 2021
Question

Earned income

  • July 21, 2021
  • 1 reply
  • 0 views

Will this child tax credit be considered earned income? So I get taxed higher and it says I made more than it usually just being a return? 

    1 reply

    Level 2
    July 21, 2021

    No, a tax credit is not considered earned income.  A tax credit reduces your taxes due dollar for dollar. They are not taxable or considered income. 

    **Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"