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Child Tax Credit Washington DC

Local resource for information on the child tax credit in Washington. Includes detailed information on local businesses that provide access to child tax credit counseling, child tax credit calculation, and help with filing child tax credit claims, as well as advice and content on tax liability reduction and claiming the child tax credit.

John Warden
(202) 639-6541
1455 Pennsylvania Avenue Nw, Suite #600
Washington, DC
Specialties
Litigation, Tax, Appeals
State Licensing
DC

Patrick Browne
(202) 624-2512
1001 Pennsylvania Avenue Nw
Washington, DC
Specialties
Employment, Tax, Discrimination
State Licensing
DC

Leni Camille Mermod Perkins
(202) 383-0918
1275 Pennsylvania Avenue Nw
Washington, DC
Specialties
Tax
State Licensing
Virginia

J Bradford Anwyll
(202) 756-3432
950 F ST NW
WASHINGTON, DC
Specialties
Tax, Litigation, Lawsuits & Disputes
Education
Duke University,Johns Hopkins University
State Licensing
DC

Emily S McMahon
(202) 225-7377
Joint Committee On Taxation, 1015 Longworth Building
Washington, DC
Specialties
Employment, Tax, Intellectual Property, Financial Markets And Services
Education
Yale Law School,Massachusetts Institute of Technology
State Licensing
DC

Daniel L Hogans
(202) 739-5510
1111pennsylvania Ave Nw
Washington, DC
Specialties
Employee Benefits, Tax, International Law
State Licensing
DC

Michael B Shulman
(202) 508-8075
801 Pennsylvania Ave Nw
Washington, DC
Specialties
International Law, Tax, Intellectual Property
State Licensing
DC

Seth M Frederiksen
1001 PENNSYLVANIA AVE NW OFFICE BLDG
WASHINGTON, DC
Specialties
Business, Financial Markets And Services, Tax, Mergers & Acquisitions, Aviation
Education
Saint Louis University School of Law,University of Redlands
State Licensing
DC

Lorraine Sostowski
(202) 637-6681
1001 PENNSYLVANIA AVE NW OFFICE BLDG
WASHINGTON, DC
Specialties
Business, Financial Markets And Services, Tax, Corporate, Mergers & Acquisitions
Education
Harvard University Law School,Tufts University
State Licensing
DC, Massachusetts

Emily W Mao
(202) 756-3374
950 F Street Nw
Washington, DC
Specialties
Tax, Employee Benefits, Employment
Education
American University,Georgetown University,University of Pennsylvania
State Licensing
DC

Canada Child Tax Credit

Canada Child Tax Credit

Canada pays month payments to the caretakers of children under the age of 18 who have lower incomes and qualify under the Canada Child Tax Benefit (CCTB) plan.

Canada Child Tax Credit

Rather than a credit that reduces the amount of taxes owed at the end of the year, Canada has a more proactive approach to helping lower income families with the expense of raising children. The Canada Child Tax Benefit plan, known as CCTB, pays a monthly payment to the qualifying families. The Canada Child Tax Credit approach includes an additional amount if the child is classified as disabled or has special needs.

The CDB is the Canada Disability Benefit that is paid to the families of children with physical or mental disabilities. There is a third benefit included in the Canada Child Tax Credit plan called the National Child Benefit. This NCB is an additional payment to the families of low income families who are employed and also caring for children with disabilities. The idea behind the NCB is to insure that families always fare better when the parents are employed and not relying solely on Government support.

The Canada Child Tax Credit requirements for eligible children under the CCTB plan is fairly strict in detailing that the taxpayer who is claiming the benefit actually is the one who provides the majority of the care to the child. For example, if a child and its mother were living in your household, you would not be eligible to receive the CCTB because it would be assumed that the mother is providing the majority of the direct care of the child. It is not merely financial support that is being considered under this plan. The child must also be under the age of 18 and a citizen of Canada or at least someone with a legal right to be living in the country.

It is suggested that application for the Canada Child Tax Credit plans including CCTB and CDB should be made as soon as possible after the birth of the child. The qualifying income lev...

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Claiming the Child Tax Credit

Claiming the Child Tax Credit

If you have a qualifying child, you may claim the Child Tax Credit on either Form 1040 or 1040A.

The Child Tax Credit allows you to reduce your Tax by $1000 for each qualifying child as long as your adjusted gross income is below a certain level. This level is known as the phase out level and once it is reached your credit is gradually phased out until it no longer exists. The level is $110,000 for a married couple filing jointly and $55,000 for filing separately. For all other taxpayers the level is $75,000.

In order to be qualified for the Child Tax Credit, the child must be under the age of 17 at the end of the tax year. They must have lived with you for more than half of the year and be citizens of the United States or resident aliens. The taxpayer must have provided at least half of the support for the child for the year. Certain conditions apply for the restrictions on living with the taxpayer. Vacations, time away in schools, or even time kidnapped or in a juvenile detention facility count as time lived with the taxpayer.

Once the status of qualified child is determined, the Tax Credit is claimed by completing the Child Tax Credit Worksheet that is included as part of Publication 972 (2006) that is included with the 1040 and 1040A tax packages. The Worksheet and its instructions appear at first to be very difficult and complex, but in reality they are really quite simple to complete. The instructions walk you through it in a very simple and straightforward manner and the figures needed to complete the worksheet come from easily accessible figures relating to other credits claimed and your adjusted gross income and tax liability.

It is possible that the Child Tax Credit will reduce your tax liability to zero. If this happens and you have not used all of your Child Tax Credit, it is possible to go on to Form 8812 to claim the additional Child Tax Credit. This is called a refundable tax credit and it could result in a ...

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