Tax creditInternal Revenue ServiceIncome-based
Child Tax Credit
A federal tax credit for qualifying children. Part of it may be refundable (Additional Child Tax Credit). Claimed on Form 1040 — no extra grant application.
Typical award
Up to $2,000 per qualifying child (confirm current year)
Time to apply
Tax return
Ease
Easy apply
Why this is (relatively) easy
One checkbox on a tax return if you already file.
Who usually qualifies
- A qualifying child with a valid SSN who lives with you
- Income below the phase-out range
What to have ready
- Child's SSN
- Tax return
Steps
- 1
File Form 1040 and Schedule 8812 if required.
- 2
Use free IRS help if you do not normally file.
Deadline: Claim on your annual return. Official program page