An auditor is assigned to perform a post-implementation review on a system for which the auditor performed a procedure review and made control recommendations prior to the system's implementation.
How to determine who qualifies. Hereâs how to determine which of your kids will qualify you for the credit: 1) Age Test. To qualify, a child must have been under age 17 (i.e., 16 years old or younger) at the end of the tax year for which you claim the credit. 2) Relationship Test.
CTC = child tax credit. Under 2016 law, the point at which the child tax credit becomes refundable is $3,000. In 2018 law, that threshold increases to $14,600 (estimated) as the American Taxpayer Relief Act expires. About 20 percent of all CTC benefits will go to the lowest income group in 2016, but that share will plummet to just 9 percent in 2018.