which of the following statement is true? A. The maximum nonrefundable amount of the child tax...
which of the following statement is true?
A. The maximum nonrefundable amount of the child tax credit is $1000 per qualifying child
B. The credit of other dependents is a refundable credit
C. The amount of the refundable additional child tax credit is limited to $2000 per qualifying child
D. Children with an ITIN do not qualify for the child tax credit and the additional child tax credit
Homework Answers
Answer: D
Children with an ITIN do not qualify for the child tax credit and the additional child tax credit.
The child must have the Social Security Number (SSN) to be a qualifying child eligible for child tax credit (CTC) and additional child tax credit (ACTC).They must be below 17 years and citizen, national or resident of united states.
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