Follow this how-to when you are ready to work on your Works Cited page. The Works Cited page has the following characteristics: 1  A heading âWorks Citedâ centered one inch below the top edge of a new page. 2  Do not bold or underline this heading. 3  No indent on the first line of each entry.
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.
The child tax credit (CTC) is a $1,000 partially refundable federal income tax credit for each qualifying child under age 17. In 2007, tax filers may claim a refundable credit (over and above any tax liability) equal to 15 percent of the excess of earnings over $11,750, up to the $1,000 maximum per child.