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Child Tax Credit for Years 2018 Through 2025 (Except For 2021)

The child tax credit (CTC) is made up of two credits, either or both of which may be claimed by a qualifying taxpayer. The two components include non-refundable and refundable portions.

  1. The child tax credit (non-refundable),
  2. The child tax credit – refundable portion computed using either:
    1. A method based on earned income, or,
    2. The additional child credit for taxpayers with 3 or more children (Form 8812).

The TCJA added a non-refundable credit of $500 per dependent not qualifying for the child tax credit that is available for years 2018 through 2025.

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