CTC & ACTC

Home › Forums › General Discussion › 2020 Tax Season › CTC & ACTC

  • This topic has 2 replies, 1 voice, and was last updated 5 years ago by Punkimunki.
  • Topic Starter
  • February 16, 2020 at 7:03 pm #4353599
    Marie rose

      Hi!! I know this might sound dumb but can anyone tell me the difference between CTC credit and ACTC credit?? Thanks!!

    Viewing 1 reply thread
    • Author
      Replies
      • February 19, 2020 at 7:57 am #4358696
        Punkimunki

          ACTC is a credit that may be available to a taxpayer who qualified for the Child Tax Credit (CTC) but cannot take the full amount of the CTC, or who has three or more qualifying dependents. The ACTC is a refundable credit, which means that it can produce a refund even if there is no tax liability on the return.
          Irs.gov site

        • February 19, 2020 at 7:55 am #4358689
          Marie rose

            ANYONE????

        • Author
          Replies
        Viewing 1 reply thread
        • The forum ‘2020 Tax Season’ is closed to new topics and replies.

        igotmyrefund.com (IGMR) is not affiliated with any government agencies. The information we provide is purely speculative. We derive our information from personal experiences and comments from users. We attempt to maintain the most relevant and accurate information available. However, we are neither responsible for false information nor the timeliness of refund status and delivery. DO NOT post the amount of your refund, account numbers or social security number. By commenting you agree that IGMR cannot be held liable for what others may do with your information. We allow comments subject to our sole discretion. If your comment is held for moderation please read How We Moderate Comments HWMC. The links on our site are affiliate links. If you buy something after clicking a link, we may make a small amount of money to support the cost of maintaining and improving the site. This website is owned and independently operated apart from advertisers and is only an affiliate to the companies displayed in ads.