What is the ACTC and do I qualify

[jennifer-mizner]

Tax expert

[MayaD]

The Additional Child Tax Credit (ACTC) is the refundable portion of the Child Tax Credit. The credit is worth up to $1,700 per child in the 2024 and 2025 tax years.

To claim the Additional Child Tax Credit you must have a minimum of $2,500 of earned income to claim the ACTC. Earned income can come from salaries and wages, self-employment, and some disability payments. 

Form 8812 is used to calculate your Additional Child Tax Credit. TurboTax will ask you a few simple questions about your dependents and income, calculate your credit, and fill in all of the right forms for you.

The credit will be reported on form 1040 line 28. 

What is the Additional Child Tax Credit?