CTC $1800 Refund – Child Tax Credit Status and Eligibility!

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CTC $1800 Refund

The CTC is partially refundable. This means even if you don’t owe any taxes, you can still receive a refund for a portion of the credit, up to $1800 per qualifying child in 2023 (tax return filed in 2024). The non-refundable portion of the credit can be used to offset any taxes you owe.

CTC $1800 Refund

The Child Tax Credit (CTC) is a tax credit offered by the Internal Revenue Service (IRS) to qualifying taxpayers with dependent children.

The Child Tax Credit (CTC) is partially refundable, allowing you to receive a refund of up to $1,800 for each qualifying child in 2023, even if you don’t owe any taxes. 

The non-refundable portion of the credit can be applied to reduce any taxes you owe. This information applies to the tax return you file in 2024.

Eligibility Requirements for the CTC $1800 Refund (2024)

To claim the Child Tax Credit (CTC) with a potential refundable portion of $1800 per qualifying child in 2023 (tax return filed in 2024), you’ll need to meet the following requirements:

  • Age: The child must be under the age of 17 at the end of the tax year (December 31st, 2023 in this case).
  • Relationship: The child can be your biological child, adopted child, stepchild, foster child, brother/sister, half-brother/half-sister, or a descendant of any of these (like a grandchild, niece, or nephew).
  • Support: The child must have lived with you for more than half the tax year (at least 183 days). There are exceptions for certain situations, such as parents living apart due to a separation decree.
  • Dependency: You must be able to claim the child as a dependent on your tax return. This means the child generally cannot file their own tax return and you must provide more than half of their financial support.
  • Social Security Number (SSN): Both you and your qualifying child must have a valid Social Security number issued for work purposes in the United States.

Income Limits:

The CTC is available to a wide range of income earners, but the amount you receive starts to decrease (phase out) as your income increases. The credit reaches zero at a certain point. 

  • Single filers: The credit begins to phase out at $75,000 of Modified Adjusted Gross Income (MAGI) and disappears entirely at $200,000 of MAGI.
  • Married filing jointly: The phase-out begins at $150,000 of MAGI and reaches zero at $400,000 of MAGI.
  • Head of Household: The phase-out starts at $112,500 of MAGI and goes to zero at $200,000 of MAGI.

CTC Refund Status 

The Child Tax Credit (CTC) offers a refundable portion of up to $1800 per qualifying child for tax year 2023 (filed in 2024). 

  • Goto the official IRS website at https://www.irs.gov/.
  • Locate the “Where’s My Refund?” Tool.
  • Once you find the tool, you’ll need to provide some personal details:
  • Social Security number (SSN)
  • Filing status (single, married filing jointly, etc.)
  • Exact refund amount (This should be the total amount of your refund, including the CTC portion.)
  • After entering your information accurately, click “Submit” and view the current status of your refund. The tool will typically indicate:
    • If your return has been processed
    • If your refund has been approved
    • The estimated date you can expect to receive your refund
  • It may take 24 hours after electronically filing your tax return for the “Where’s My Refund?” tool to reflect any updates.

CTC Refund Amount

The potential refundable amount for the Child Tax Credit (CTC) is indeed $1800 per qualifying child for tax year 2023 (which means you’ll claim it when you file your tax return in 2024). However, it’s important to understand a few key points:

  • Refundable vs. Non-refundable: This $1800 is the maximum refundable portion of the credit. It means even if you don’t owe any taxes, you can still get a refund for up to this amount per child.
  • Overall Credit Amount: The total CTC amount you qualify for might be higher than $1800. However, the non-refundable portion can only be used to offset any taxes you owe.
  • Phase-out: The CTC amount you receive starts to decrease (phases out) as your income increases. It reaches zero at a certain point, so you may not get the full $1800 if your income exceeds the limits.

To Get Relevant Information. Go to NCBLPC Homepage.

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