Age For Child Tax Credit 2020 Worksheet A. The child tax credit can significantly reduce your tax bill if you meet all seven requirements: This credit is for individuals who claim a child as a dependent if the child meets additional the child was under age 17 at the end of 2020.
The child did not provide over half of his or her own support for 2020.
Tax software helps busy families by finding tax deductions and credits in a quick and easy way. The 2020 and 2021 child tax credit can reduce tax liability by $2,000 per child, amounting to a cash refund of $1,400 each. The maximum credit for 2020 is. This credit reduces your federal income tax bill by up to $2,000 per.
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