Turbotax Child Tax Credit
If you have kids you might qualify for the Child Tax Credit which can reduce your tax bill by up to 2000 per qualifying child. The benefit uses your net family income to determine the amount you will received. How To File Eitc And Child Tax Credit For Free Turbotax Edition 3600 for each qualifying child under 6. Turbotax child tax credit . You enter a contract with a subscriber. The Child Tax Credit is one way you can directly reduce your taxable income by up to 2000 per quali. If you are under the age of 18 you may be eligible for an additional credit of up to 4909 or a total credit of up to 13325. If you pay an IRS or state penalty or interest because of a TurboTax calculation error well pay you the penalty and interest. Quebec residents can apply for a similar credit called Tax Credit for Childrens Activity. The credit allows you to apply for 500 in fees paid per child and another 500 per child who is suffering from infirmity or disability. However you may be a