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Form Separate Instructions and Additional Information Are Irs

Form Separate Instructions and Additional Information Are Irs

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schedule 8812 this is the schedule to calculate your credits for qualifying children children in other dependents that you would file with form 1040 1040sr or 1040 NR in other words your claim to certain tax credits when you file your income tax return so we'll go over the child tax credit the credit for other dependents as well as the additional child tax credit which is a refundable part of the child tax credit there are a couple of things that are important to note generally speaking the child tax credit the maximum credit is two thousand dollars per qualifying child between now and tax year 2025. so for qualifying children the tax credit is two thousand dollars the credit for other dependents is up to a maximum of five hundred dollars and the additional child tax credit is actually a refundable part of the child tax credit so we'll get to that uh in short order let's start at the top of this form where we will calculate the child tax credit and the credit fo

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