Unlock Content

Some content on this website is reserved for our customers and a password is required.

WebLibrary Subscriber?

Click here to log in to your subscription to view all articles in Tax Industry News.

Child Tax Credit

Posted on 05/27/2025 ← Back to TaxBert's Tax Talk

How much can I claim for each child?

For 2024, the Child Tax Credit is $2,000 per qualifying child under age 17 [1].

The credit begins to phase out when modified AGI exceeds:

- $400,000 for Married Filing Jointly
- $200,000 for all other filing statuses [1]

If any portion of the credit is disallowed because tax is reduced to zero, you may be eligible for the Additional Child Tax Credit, which is refundable up to $1,700 per qualifying child [2].

WebLibrary Citations

[1] - Deluxe & Deluxe Supplement - Tax Credits - (Page 11-7)

Client Handout Citations (Subscription Required)

[2] - Client Handouts - Families With Children

SPECIAL OFFERS

Child Tax Credit

Quick Links

Login

Remove Customer Information