Child Tax Credit
The Child Tax Credit (CTC) is a federal tax credit that helps families make ends meet. You do not need to earn a lot of income to get CTC, but you do need to file a tax return to receive your CTC payment.
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File a simple tax return to learn how much money you can receive and to get your CTC payment.
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Families can get up to $2,000 per child under the age of 16. This includes children born on or before December 31, 2022.
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You do not need to earn a lot of money to get CTC. Parents or families can get CTC if they have earned an income of at least $2,500.
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An eligible child could be the taxpayer’s son, daughter, stepchild, eligible foster child, brother, sister, stepbrother, stepsister, half-brother, half-sister, or a descendant of any of them (for example, a grandchild, niece, or nephew). The child must live with the taxpayer for at least half of the year and be claimed as a dependent on your tax return. Learn more about eligibility on the IRS website.
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Parents who do not have a social security number (SSN) can use an Individual Taxpayer Identification Number (ITIN) when filing their taxes to get the CTC. If you are married and filing jointly, your spouse will also need either a SSN or ITIN. Each dependent child claimed will need a SSN.
If you have an ITIN, you should check to see if your number needs to be renewed. If your ITIN has expired, you can renew it when you file your tax return. Learn more about renewing your ITIN here.
If you need an ITIN number and do not have one yet, you can learn how to apply for an ITIN here.
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Yes. Tax filers with eligible children in 2022 can file a tax return to get the CTC in 2023 (this year).
If you did not file a tax return last year but had eligible children living with you in 2021 or 2020, you may also be able to claim missed Child Tax Credit payments. This option is available to parents who did not receive Advanced Child Tax Credit payments in 2022 or 2021. Learn more here.