Atticus Finch-Scout and Jemâs father, a lawyer in Maycomb descended from an old local family. A widower with a dry sense of humor, Atticus has instilled in his children his strong sense of morality and justice. He is one of the few residents of Maycomb committed to racial equality.
Introduction. The child tax credit is a credit that may reduce your tax by as much as $1,000 for each of your qualifying children. The additional child tax credit is a credit you may be able to take if you are not able to claim the full amount of the child tax credit.
The Child Tax Credit (CTC) helps working families offset the cost of raising children. It is worth up to $1,000 per eligible child (under age 17 at the end of the tax year). The CTC includes a refundable component, the Additional Child Tax Credit. Like the EITC, the CTC increases with earnings, but unlike the EITC, the first $3,000 in earnings does not count when determining the CTC. Families receive a refund equal to 15 percent of their earnings above $3,000, up to the credit's full $1,000-per-child value.