Internal Revenue Service United States Department of the Treasury
Level Basic Advanced Military International

Child Tax Credit

Amount of the Credit

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Question 1 of 2

Paul and Marie are married with two dependent children. They will file a joint Form 1040 for the year. The children are qualifying children for purposes of the child tax credit. Paul and Marie's MAGI is above the threshold limit and their tax liability is $6,200. Based on this information, Paul and Marie:

Are not eligible for the maximum credit and can use the child tax credit worksheet in the Form 1040 instructions to figure their child tax credit
Will have to use Publication 972 to figure their child tax credit
Are eligible to claim a full child tax credit
Are not eligible to claim any amount for the child tax credit