Internal Revenue Service United States Department of the Treasury
Module 8: Claiming Child Tax Credit & Credit for Other Dependents

Page 8 of 17

 

Child Tax Credit

A taxpayer's child tax credit can only be as big as their tax liability. Once the tax liability is zero, the credit is zero because there is no tax liability to reduce.






Tax Tip

"Taxpayers who are not able to take the full amount of the child tax credit may be able to take the additional child tax credit. Don't confuse these credits with the child and dependent care tax credit!"
~ Tina the Tax Tutor

 

Tax Tutorial