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Low income ($2500) with 3 kids - Can I still claim Child Tax Credit?

I only made $2500 last year and have 3 kids that live with me. Will I qualify for the child tax credit? I heard you need to make more to get it but I'm not sure how it works. Really need the help this year.

Jace Caspullo

Yes, you can still qualify! The Child Tax Credit is partially refundable through the Additional Child Tax Credit (ACTC). For 2024, you can get up to $1,800 per qualifying child even with low income. But you'll need to file taxes and make sure your kids meet all the qualifying rules (like age, relationship, lived with you 6+ months, etc).

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Adriana Cohn

thank you sm! do you know if I need any special forms?

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Jace Caspullo

You'll need Form 1040 and Schedule 8812. Most tax software will handle this automatically for you 👍

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Melody Miles

Hey, I was in a similar situation last year and used taxr.ai to figure out my credits. It analyzed my transcript and showed exactly what I qualified for and how much I'd get back. Only cost $4.99 but saved me so much headache trying to figure it out myself. Here's the link: https://taxr.ai

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Nathaniel Mikhaylov

Does it actually work? Seems too good to be true 🤔

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Melody Miles

100% works! It breaks down everything in plain english and even shows you what forms you need. Best $5 I spent on taxes fr

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Eva St. Cyr

make sure u have proof the kids live with u! learned that the hard way last year lol

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Kristian Bishop

in the same boat as you, single mom with 2 kids. The system is so confusing fr fr 😤

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Adriana Cohn

fr its like they make it hard on purpose 😫

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Kaitlyn Otto

you might also qualify for earned income credit! That can be a big help with low income + kids

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Axel Far

This! EIC is huge for low income families 💯

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Jasmine Hernandez

Dont forget about state credits too depending were you live

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Adriana Cohn

im in texas, we dont have state tax here

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