What CHILD TAX CREDIT means: A credit of up to $1,000 per eligible child under age 17 at the end of the tax year. The credit may be refundable for taxpayers with three or more children eligible for the credit and for those whose earned income exceeds a specified amount that is adjusted for inflation each year.
- Definition Calendar Year:
- Dictionary A year that begins January 1 and ends December 31 child tax credit definition.
- Definition Child And Dependent Care Credit:
- Dictionary 35 percent of employment-related child and dependent care expenses for up to $6,000 of expenses is available to individuals who are employed and maintain a household for a dependent child or disabled child tax credit explain.
- Definition Charitable Contributions:
- Dictionary Money or property donated to a qualified charitable organization. Such donations are deductible, subject to income limits, on Schedule A as itemized deductions child tax credit what is.
- Definition CLADR:
- Dictionary See Class Life Asset Depreciation Range child tax credit meaning.
How works Child Tax Credit meaning in Tax definitions C .
