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.
DEFINITION of 'Child Tax Credit'. The Child Tax credit is a credit given to taxpayers for each dependent child who is under the age of 17 at the end of the tax year. The Child Tax credit is a nonrefundable credit that reduces the taxpayer's liability on a dollar-for-dollar basis. The Child Tax credit is intended to provide an extra measure of tax relief for taxpayers with qualifying dependents.