Child Credit

Table of Contents

Child Credit

Description and Definition of Child Credit

A tax credit you may qualify for if you have children under the age of 17. The credit is $500 per child in 1999. The right to this credit is phased out as adjusted gross income rises over $110,000 on a joint return, $75,000 on an individual return or head of household return and $55,000 if you're married filing separately.


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Further Reading

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