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Child Tax Credit
What does it mean?
A credit given to taxpayers for each dependent child that is under the age of 17 at the end of the tax year.
In Other Words...
This is a reward given to parents or guardians for taking care of their dependents.
Related Links
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Related Terms
Adoption Credit | Dependent | Exempt Income | Exemption | Head of Household | Kiddie Tax | Member of Household | Special Needs Child
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