09/30/2025
DID YOU KNOW ??????
• Child Tax Credit (CTC):
• $2,200 per qualifying child under 17.
• Refundable up to $1,700 per child (Additional CTC).
• Phases out if income > $200k (single/HOH) or $400k (married filing jointly).
• Other Dependent Credit (ODC):
• $500 for dependents who don't qualify for CTC (like older kids, parents).
• Earned Income Tax Credit (EITC):
• Max credit amounts in 2025:
- 0 kids: $649
- 1 kid: $4,328
- 2 kids: $7,152
- 3+ kids: $8,046
• Income limits depend on filing status (approx $19k-$68k).
So Families with kids get up to $2,200 per child plus possibly $500 for others, and low-to-moderate earners may qualify for thousands more through EITC.
C & C TAX Service