Question

Amount

Forum|Forum|1 year ago
July 31, 2024
2 replies
0 views

What’s the amount for the CTC per child this year?

Ask the Experts - Dependents - July 2024

Employee

For a child under the age of 17 the Child Tax Credit for tax year 2023 is $2,000 per child. That amount has not increased for tax year 2024 as of this date.

P

Pcano13Author

Are we getting any type of CTC money next month?

DoninGA

Employee

@Pcano13 wrote:

Are we getting any type of CTC money next month?

There are no monthly child tax credits being issued in 2024. That was only available for tax year 2021.

S

SusanC6

The 2024 Child Tax Credit (CTC) amount is up to $2,000 per qualifying child. The CTC is nonrefundable, but you may be able to get a refund using the Additional Child Tax Credit (ACTC) if you end up owing less tax then the amount of CTC you qualify for.

Below is a link to an article that talks about the specifics of the CTC and ACTC.

2023 and 2024 Child Tax Credit

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