Here's what you need to know about the CTC, Child Tax Credit, and the refundable portion, the ACTC, Additional Child Tax Credit.
Find the latest news for refundable credits on Hot Topics for Refundable Credits
Protect your clients by knowing the questions to ask to help your client's get the most out of refundable credits.
Compare child related benefits at a glance on our Child-Related Tax Benefits Comparison chart
Forms and Publications
Publication 972, Child Tax Credit
Schedule 8812, Child Tax Credit
Publication 4298, EITC, efile and Child Tax Credit Poster
What other resources do we have for you? Check out the EITC Central and Other Refundable Credits welcome page
MAGI, modified adjusted gross income, for most people is the amount of AGI, adjusted gross income, shown on your tax return. On Form 1040A, AGI is on line 22 and is the same as MAGI. If you file Form 1040, AGI is on line 38 and you add back the following: