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Taxpayers in Puerto Rico Who Have Income Subject to U.S. TaxCredits for Qualifying Children and Other DependentsTaxpayers who have income subject to U.S. income tax and will be filing Form 1040 or Form 1040-SR should use Schedule 8812 "Credits for Qualifying Children and Other Dependents" to claim the child tax credit and/or the other dependent credit. Child Tax Credit and Additional Child Tax CreditTaxpayers who have income subject to U.S. income tax can qualify for the child tax credit (nonrefundable) if they have at least one qualified child and/ or the additional child tax credit (refundable) if they have at least one qualified child and over $2,500 of earned income subject to federal tax. The child tax credit gives eligible taxpayers $2,000 for each qualifying child. These taxpayers should complete Schedule 8812 to claim the credits for qualifying children and other dependents. On line 2a, include any Puerto Rico income exempt under Sec. 933. Additional Child Tax CreditThe additional child tax credit allows eligible taxpayers to claim a refund of up to $1,700 for each qualifying child. For Puerto Rico taxpayers with earned income subject to Federal tax and, who have one or more qualifying children, the credit will be the lesser of:
For this credit, taxpayers who are members of the U.S. Armed Forces can choose to include nontaxable combat pay as earned income. 
These taxpayers can also claim a nonrefundable credit of up to $500 for a dependent who is not a qualifying child, or who is a qualifying child but does not have the required type of Social Security number (SSN) before the due date of the return. |
