FAQ PAGE
Who qualifies for Child Tax Credit ?
You can claim the Child Tax Credit for each qualifying child who has a Social Security number that is valid for employment in the United States.
To be a qualifying child for the 2024 tax year, your dependent generally must:
- Be under 17 at the end of the tax year.
- Be your son, daughter, stepchild, eligible foster child, brother, sister, stepbrother, stepsister, half-brother, half-sister, or a descendant of one of these (for example, a grandchild, niece or nephew).
- Not provide more than half of his or her own support for the tax year.
- Have lived with you for more than half the tax year.
- Be claimed as a dependent on your return.
- Not file a joint return for the year (or filed the joint return only to claim a refund of taxes withheld or estimated taxes).
- Be a U.S. citizen, U.S. National or a U.S. resident alien.
- Must have a Social Security Number that is valid for employment and is issued before the due date of your tax return (including extensions).
You qualify for the full amount of the 2024 Child Tax Credit for each qualifying child if you meet all eligibility factors and your annual income is not more than $200,000 ($400,000 if filing a joint return).
Parents and guardians with higher incomes may be eligible to claim a partial credit.
What are the basic qualifying rules for the Earned Income Tax Credit (EITC)?
To qualify for the EITC, you must:
- Have earned income
- Have investment income below the limit
- Have a valid Social Security number by the due date of your return (including extensions)
- Be a U.S. citizen or a resident alien all year
- Not file Form 2555, Foreign Earned Income
- Meet certain rules if you are separated from your spouse and not filing a joint tax return
Find the maximum AGI, investment income and credit amounts for tax year 2024.
| Children or relatives claimed | Filing as single, head of household, married filing separately or widowed | Filing as married filing jointly |
| Zero | $18,591 | $25,511 |
| One | $49,084 | $56,004 |
| Two | $55,768 | $62,688 |
| Three | $59,899 | $66,819 |
Investment income limit: $11,600 or less
Maximum credit amounts
The maximum amount of credit:
- No qualifying children: $63
- 1 qualifying child: $4,213
- 2 qualifying children: $6,960
- 3 or more qualifying children: $7,830
What is ITIN and do I need it?
An ITIN is a 9-digit number the IRS issues if you need a U.S. taxpayer identification number for federal tax purposes, but you aren’t eligible for a Social Security number (SSN).
You need an ITIN if you have a federal tax purpose and you’re not eligible for an SSN.
An ITIN is issued by the IRS for federal tax purposes only.
An ITIN doesn’t:
- Qualify you for Social Security benefits or the Earned Income Tax Credi
- Provide or change immigration status
Authorize you to work legally in the U.S. - Serve as identification outside the federal tax system
You may need an ITIN if you’re a:
- Nonresident alien claiming a tax treaty benefit
- Nonresident alien filing a U.S. federal tax return
- Resident alien filing a U.S. federal tax return
- Dependent or spouse of a U.S. citizen/resident alien
- Nonresident alien student, professor or researcher filing a U.S. federal tax return or claiming an exception
- Dependent or spouse of a nonresident alien U.S. visa holder
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