Sentences with phrase «refundable additional child»

However, you may be able to claim a refundable Additional Child Tax Credit for the unused balance.

The formula for calculating the refundable Additional Child Tax Credit is fairly complicated and a good reason to use TurboTax.

If you do not benefit from the full amount of the Child Tax Credit (because the credit is greater than the amount of income taxes you owe for the year), you may be eligible for the refundable Additional Child Tax Credit.

Not exact matches

The paltry payout of the Child Tax Credit to low - income families occurs despite the benefit being partially refundable under a provision of the law called the Additional Child Tax Credit.

The» «Additional Child Tax Credit» is the portion of the child tax credit that is fully refundable regardless of a taxpayer's taxable inChild Tax Credit» is the portion of the child tax credit that is fully refundable regardless of a taxpayer's taxable inchild tax credit that is fully refundable regardless of a taxpayer's taxable income.

Certain tax credits, such as the Earned Income Tax Credit and the Additional Child Tax Credit, are fully or partially refundable.

The Additional Child Tax Credit is a refundable tax credit that many people qualify to take advantage of.

So, in addition to the doubling of the Child Tax Credit amount, the tax reform bill also makes up to $ 1,400 of the credit amount refundable, while in previous years the Child Tax Credit was a nonrefundable credit (however, there was formerly an Additional Child Tax credit that effectively made the old Child Tax Credit refundable).

Upon acceptance of additional children, the fees are due to be paid to the accrediting agency, IAAME at which time they are not refundable.