Article Summary
This should save you ~10 minutes of reading
- The child tax credit is worth up to $2,200 per qualifying child for the 2026 tax year, and up to $1,700 of it is refundable.
- For 2027, the credit is projected to rise to $2,300 per child, with up to $1,800 refundable. The IRS has not confirmed these amounts yet.
- The refundable portion requires more than $2,500 in earned income.
- The child tax credit begins to shrink when modified adjusted gross income passes $200,000 (single) or $400,000 (joint).
- To claim the credit, the child must be under 17, and both the child and at least one parent must have a valid Social Security number.
- If you do not qualify, you may still claim the Credit for Other Dependents (up to $500 per dependent), Head of Household status, or the Earned Income Tax Credit.
Frequently Asked Questions
Everything you need to know about this article
Still have questions?
Talk to our experts and get answers tailored to your business.
Book a Free ConsultationThe child tax credit for 2026 is worth up to $2,200 per qualifying child, with up to $1,700 refundable through the Additional Child Tax Credit (ACTC).
Still have questions?
Talk to our experts and get answers tailored to your business.
Book a Free ConsultationOur Recent Blogs
Accounting help is one of the few business costs many owners buy without ever seeing a price list. Those prices are also climbing. The cost depends on who does the work, how they bill, and how clean your books are when they start. Bureau of Labor Statistics consumer price data shows tax return preparation and […]
If you have ever stared at a stack of unfinished 1065s in early March, you know how fast tax season eats a firm’s capacity. Extensions pile up, reviewers burn out, and good clients wait longer than they should. The right outsourcing partner changes that math. A trained team prepares returns overnight, your reviewers focus on […]
If you have ever moved offices or welcomed a new owner, you know how long the to-do list gets. Leases, bank accounts, and state filings all need updates. The IRS often gets forgotten until a notice lands at an address nobody checks. Form 8822-B keeps that from happening. One signed page tells the IRS where […]
Offshore accounting has gone mainstream in the US. RSM US, one of the largest US accounting firms, plans to grow its India workforce to 5,000 people by 2027, and mid-sized firms are following. The harder call is where to send the work. India and the Philippines are top shortlists, and each country suits different tasks, […]
Accounting help is one of the few business costs many owners buy without ever seeing a price list. Those prices are also climbing. The cost depends on who does the work, how they bill, and how clean your books are when they start. Bureau of Labor Statistics consumer price data shows tax return preparation and […]
If you have ever stared at a stack of unfinished 1065s in early March, you know how fast tax season eats a firm’s capacity. Extensions pile up, reviewers burn out, and good clients wait longer than they should. The right outsourcing partner changes that math. A trained team prepares returns overnight, your reviewers focus on […]
If you have ever moved offices or welcomed a new owner, you know how long the to-do list gets. Leases, bank accounts, and state filings all need updates. The IRS often gets forgotten until a notice lands at an address nobody checks. Form 8822-B keeps that from happening. One signed page tells the IRS where […]
Join thousands of businesses worldwide who rely on our expertise for accounting, bookkeeping, and tax solutions.
