Saturday, October 24, 2009

What is the child tax credit amount this year for florida?

i have two children and have paid taxes in all year and have made roughly 14,000 .00 any help would be appreciated thank you!!

What is the child tax credit amount this year for florida?
While Florida State does not have a child tax credit, the federal tax credit os $1,000 for each child and is available in all states including Florida. This credit would appear on your federal 1040 page 2 under credits and actually reduces you tax liability. If your liability is less than the credit, you may be eligible for a refund of the diference
Reply:The CTC is federal, not state. It's up to $1000 per child, but only if you owe that much tax and you won't. You will most likely get some of it as Additional Child Tax Credit though.
Reply:Florida has not state income tax thus no child tax credit.


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