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The 2024 Child Tax Credit Updates You Need to Know

Jason D. Knott 7 views

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Comments


@m85sims
 How many kids can you get a tax credit for is there a limit
Comment from : @m85sims


@ahmedalwan8385
 No CTC for 2024
Comment from : @ahmedalwan8385


@RoxyWendling-c4t
 I am the child great aunt and I have had him 13 years They go in physical custody and the father takes him on his taxes every year and gives us nothing He enjoys all the money
Comment from : @RoxyWendling-c4t


@RoxyWendling-c4t
 This is a lie, and the IRS does do nothing about it The mother and father does not have custody of the kids and the father takes him on his taxes every year, so you tell me how that is done I have reported it
Comment from : @RoxyWendling-c4t


@fliguy43
 I made under a $100k and it said I qualified for the CTC but did not see it at all on my federal return?brWhy did I not see it on my return I did everything correctly?
Comment from : @fliguy43


@richardkato
 I don't think i can file this year only made 2800$ i have 4 kids 😢 i have a w2 i got Alaska PFD that was 1700 for the family each im so ashamed of my self my kids need a better dad no work in Alaska anymore any work around
Comment from : @richardkato


@mslumpff
 What if your tax liability is greater than the child credit? What do you enter for line 13,14 on 8812? Do you need to complete the worksheet A?
Comment from : @mslumpff


@J-2024-v8i
 Regarding the CTC phase out, it is $50 for every $1000 “or fraction of it” above the threshold So, if you are MFJ and your AGI is $401,001 you loose $100 of the credit: the first $50 for the extra $1000, and the second $50 for the extra $1!
Comment from : @J-2024-v8i


@hakimmessaoudi1805
 Thanks for the video
Comment from : @hakimmessaoudi1805


@salpremiers
 Great explanation, thank you!
Comment from : @salpremiers

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