Question

For tax year 2022 a taxpayer must have what amount of earned income in order to claim child tax credit or additional child tax credit?.

Answer 1

The maximum amount of credit: No qualifying children: $560. 1 qualifying child: $3,733.

Step-by-step explanation:

Investment income limit: $10,300 or less

Maximum Credit Amounts

The maximum amount of credit:

No qualifying children: $560

1 qualifying child: $3,733

2 qualifying children: $6,164

3 or more qualifying children: $6,935