This is a credit on tax available to any person who has children who are under the age of seventeen.
The tax law allows for a credit against tax for each dependent child of the taxpayer.
Under Code 24, a credit against tax liability that a taxpayer may be able to claim for a qualifying child, regardless of whether any dependent care expenses are incurred.
a tax credit paid to families with at least one child. It is made up of a family element and a child element.
A credit available to taxpayers having qualifying children (a child, descendant, stepchild, eligible foster child who is a U.S. citizen or resident alien for whom the taxpayer may claim a dependency exemption and who is less than 17 years old as of the close of the tax year).
Child tax credits are tax credits that are given to the caregivers for each dependent child, that at the end of the tax year is under 17.
A tax break for those who claim eligible dependent children on their tax returns.
A tax credit available to people with children under the age of seventeen.
A nonrefundable credit of up to $500 per dependent child under age 17 at the end of the tax year.
A nonrefundable credit that reduces your tax by as much as $1,000 (for tax-year 2003) for each qualifying child. To take the credit, your modified adjusted gross income must be below a certain amount based on your filing status. If you are unable to claim the full amount of the Child Tax Credit, you may be able to take the Additional Child Tax Credit.
This is a new tax credit that is introduced in April 2003. It is supposed to provide a continuous income for families with children.
A tax credit administered by the HM Revenue and Customs, payable to people who are responsible for at least one child or qualifying young person from April 2003. It is paid directly to the person who is mainly responsible for caring for the child or children. The amount received depends on annual income.
Child Tax Credit (CTC) is an income tax relief for people with children.
A child tax credit is a tax credit based on the number of dependent children in a family.
