Child Tax Credit 2023 UPDATE

Описание: The video discusses the Child Tax Credit for 2023, including qualifications, calculations, and how to receive the credit in advance in your paycheck. Qualifications include having a child under 17 years old, being a US citizen with a social security number, and meeting income requirements. The video shows an example of how to calculate the amount of the credit using IRS Form 8812. The video also demonstrates how the credit can be applied to tax withholdings using IRS Form W-4, but emphasizes the importance of using the online estimator to ensure correct withholding.

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