Last year's child tax credit was bigger because of the stimulus bill.
up to $500“The credit reduces any tax owed and can result in an increased refund for the taxpayer,” it said.and filing as a single, married filing jointly or qualifying widow. Those married filing separately do not qualify.
The amount of the credit depends on your income level. Those earning $30,000 or less will get $500 per hold, and the credit amount goes down by $100 for every additional $10,000 of income, until it maxes out at $100 per child for those who earn more than $60,000 but not more than $80,000 a year.Karin Price Mueller may be reached at
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