Dependent Tax Credit Calculator
Child & Dependent Tax Credit Estimator
Calculate your total child tax credit and other dependent credit
$
$
Formula
CTC = ($2,000 x children under 17) + ($500 x other dependents) - phaseout reduction
Frequently Asked Questions
How much is the Child Tax Credit?
The Child Tax Credit is $2,000 per qualifying child under age 17. Up to $1,700 of this amount may be refundable as the Additional Child Tax Credit, even if you owe no tax.
When does the Child Tax Credit phase out?
The credit begins to phase out at $200,000 AGI for single filers and $400,000 for married filing jointly. It reduces by $50 for each $1,000 of income above the threshold.
You may also need
$
Tax Calculator
Free income tax calculator. Estimate your federal and state income tax for the current year. See your effective tax rate and tax bracket.
Finance$
Education Tax Credit Calculator
Free education tax credit calculator. Compare the American Opportunity Credit and Lifetime Learning Credit to maximize your education tax benefit.
Finance$
W-4 Withholding Calculator
Free W-4 withholding calculator. Estimate your federal income tax withholding based on your W-4 form selections, filing status, and pay frequency.
Finance