IRS Form 8812 (Additional Child Tax Credit) is used to determine if a person is eligible for the additional child tax credit when filing their tax returns to the IRS. The Additional Child Tax Credit may provide an additional tax refund if a taxpayer does not owe any taxes to the IRS. Taxpayers must be filing an IRS Form 1040, 1040A, or 1040NR in order to submit an IRS Form 8812. A Child Tax Credit Worksheet must be filled out according to which IRS Form 1040 a taxpayer is submitting to the IRS.
IRS Form lines that must be filled out before filling out an IRS Form 8812
- IRS Form 1040 filers – line 51
- IRS Form 1040A – line 33
- IRS Form 1040NR – line 48
This information will determine if a taxpayer is eligible for additional child tax credit. IRS Form 8812 allows a taxpayer to be able to claim a tax credit for up to $1,000 for each qualifying child that can be claimed as a dependent on a taxpayer’s tax return.
In order for a child to be claimed as a dependent and be eligible for the Additional Child Tax Credit, the child must meet some requirements determined in IRS Form 8812.
Requirements for the Additional Child Tax Credit
- Child must be one of the following: Son, daughter, blood relative or step sibling, stepchild, foster child, or descendants of these (i.e. niece or grandchild)
- Child must be under the age of 17 during the entire tax year
- Child cannot provide more than half of their own financial support
- Child must live with individual for more than half of the tax year
- Must claim an exemption for each child on tax return
- Taxes owed must be zero or less than the eligible credit for Additional Child Tax Credit
- Must have earned income for the tax year
- Credit may be reduced according to taxes owed and the taxpayers filing status and income
After completion of IRS Form 8812, the form must be attached to the corresponding completed IRS Form 1040, Form 1040A, or Form 1040NR and submitted to the IRS. If a taxpayer encounters problems when filing their tax returns and accompanying forms with the IRS, they should seek the assistance of a tax company that can help them determine additional deductions and credits.