Child Tax Credit Calculator
Our Child Tax Credit Calculator helps estimate potential tax credits available for qualifying children. Determine eligibility and understand how tax credits may reduce your overall tax burden.
Child Tax Credit Calculator
Calculate your Child Tax Credit based on your income, filing status, and number of qualifying children. Understand how the phase-out rules affect your credit amount.
Children Details
Income Details
Credit Breakdown
Base Credit (2 Γ $2,000.00)$4,000.00
Additional Credit (Under 6)$1,600.00
Total Credit Before Phase-Out$5,600.00
Credit After Phase-Out$5,600.00
Refundable Portion$3,200.00
Non-Refundable Portion$2,400.00
Total Benefit$5,600.00
Your Results
Total Child Tax Credit
$5,600.00
2 qualifying children
Refundable Amount
$3,200.00
Effective Credit per Child
$2,800.00
Phase-Out Threshold
Your credit begins to phase out at $200,000.00and is fully phased out at $240,000.00. Your income of $75,000.00 is below the threshold, so you receive the full credit.
Tax Tips
- β’Children under 6 qualify for an additional $1,600 credit.
- β’The credit is partially refundable up to $1,600 per child.
- β’Phase-out rules apply based on your AGI and filing status.
- β’Consult a tax professional for personalized advice.