Please help to figure additional CTC?
It's a tax test (multiple chose) problem. Please help!
Mary is a single mother of a 2year old girl. Mary made $16,750 for 2006. No other income, no child support, NO federal tax liability - it is zero.
How much of the child tax credit may she claim as a refundable credit?
Will the answer change if everything is the same but for 2007?
I think the question is about an ADDITIONAL child tax credit because it refers to "REFUNDABLE" CTC
- 1 decade agoFavorite Answer
1 is the answer but she still may be able to get some ACTC