Whats the difference betweenearned income credit and child tax credit ?and why I have 2 numbers in the analysis part

Forum|Forum|7 years ago
June 1, 2019
2 replies
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this is what it says;
You claimed an earned income credit of $4,783, and a child tax credit of $5,018.

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Best answer by VolvoGirl

What is the Child Tax Credit
https://ttlc.intuit.com/questions/1900923-what-is-the-child-tax-credit

IRS- Earned Income Tax Credit info
https://www.irs.gov/Credits-&-Deductions/Individuals/Earned-Income-Tax-Credit

EIC Info
https://ttlc.intuit.com/questions/3173746-how-does-the-earned-income-credit-or-eic-affect-my-refund

VolvoGirlAnswer

Level 15

merobarcelonaAuthor

Level 2

Thank you
I have other question please , as per my refund status I'm receiving 2000 less amount in EIC than last year,,,, please explain and is this possible

Texas Roger

Level 15

Child tax credit is a non refundable credit that you receive for claiming dependents under the age of 17 who have social security numbers. It can be up to $2000 per child.

Earned income credit is a credit for taxpayers who have earned income from $1 up to maximum amounts depending on filing status and number of children. You apparently qualify for both credits.