Child Tax Credit Income Limits. Before the new tax law made the child tax credit refundable, some filers were eligible for the additional child tax credit (actc). Odc means credit for other dependents.
However, both the maximum income limit and the size of the tax credit itself can vary based on factors such as filing status, number of children and earnings.
Child tax credit income limits. Tax deductions lower your taxable income, so their value depends on your tax bracket. These include the earned income tax credit (eitc) and child and dependent care tax credit (cdctc). Child tax credit is a benefit that helps with the costs of raising a child if you are on a low income.
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