IRS Taxpayer Advocate Service: Child, Dependent-Related Tax Benefits (IRC §24)

Child and dependent-related tax benefits include the Earned Income Tax Credit (EITC), Child Tax Credit (CTC) and the refundable part of the CTC, the Additional Child Tax Credit (ACTC), Credit for Other Dependents (ODC), Child and Dependent Care Credit (CDCC), and Head of household filing status, the IRS’s Taxpayer Advocate Service said in a tax tip released December 27. The IRS stated that there is an online interactive assistant to help taxpayers determine whether they qualify and a comparison chart to help with applying the rules for the different benefits. [TAS Tax Tip: See this important information about child and ...