Glossary · IRC §24 · 26 U.S.C. §24
The Child Tax Credit
The Child Tax Credit (Section 24) — A $2,200 per-child credit under OBBBA, partially refundable through the Additional Child Tax Credit, phasing out at higher income levels.
In the Guide
This section is treated in Chapter 4, Chapter 3. The published chapter summary is the source of the definition above. The full reasoning, citations, and worked examples are in the book.
Related in this chapter
- IRC §21 — Child and Dependent Care Credit
- IRC §25A — Education credits
- IRC §25B — Saver's Credit
- IRC §25C — Energy Efficient Home Improvement Credit
- IRC §25D — Residential Clean Energy Credit
- IRC §30D — Clean Vehicle Credits
Cite as: Diaz, Paul D. THE TAX CUTTERY® Guide to Federal Income Taxation, Professional Edition, Chapter 4: Credits — Direct Offsets to Tax. IRC §24 (26 U.S.C. §24). taxguide.tax/irc/24
This is the glossary entry. The chapter itself is in the book. Read a free excerpt, BUY THE BOOK ($299), or get the free Letter.