The Child Tax Credit (CTC) reduces your tax liability whereas the Additional Child Tax Credit (ACTC) is a fully refundable credit.
The IRS tells you exactly what you need to know about the child tax credits.
The Child Tax Credit (CTC) reduces your tax liability whereas the Additional Child Tax Credit (ACTC) is a fully refundable credit.
The IRS tells you exactly what you need to know about the child tax credits.