Child Tax CreditA credit given to taxpayers for each dependent child that is under the age of 17 at the end of the tax year.
Investopedia Says:This is a reward given to parents or guardians for taking care of their dependents.
Related Terms:Adoption CreditDependentExempt IncomeExemptionHead Of HouseholdKiddie TaxMember of HouseholdSpecial Needs Child
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