What is child tax credit?

Answer A child tax credit may be claimed by individuals who meet certain requirements when filing their United States federal income taxes.Qualifying ChildQualifying for the child tax credit has five requ... Read More »

Top Q&A For: What is child tax credit

Does adding your child to a credit card help his credit score?

The idea of adding your child to your current credit card is commonly referred to as "piggybacking." While this used to help build credit for your child, it no longer does. You can, however, open a... Read More »

Differences Between the Child Tax Credit & Earned Income Credit?

The federal government offers child tax and earned income credits (EIC) as an anti-poverty measure for working families earning low or moderate yearly incomes. Both credits work to relieve the tax ... Read More »

How much earned child tax credit does a person get per child?

The amount of Earned Income Tax Credit (EITC) that you can receive per child as of 2010 is dependent on how much you qualify for based on your adjusted gross income and the number of qualified chil... Read More »

What is a child tax credit in the UK?

The United Kingdom's HM Revenue and Customs (HMRC) department offers the Child Tax Credit (CDC) to people who care for at least one child. You don't have to be employed to get the tax credit.Eligib... Read More »