If you have three or more dependents that qualify for the child tax credit than you might also be able to claim the additional child tax credit. You may be able to claim up to the full amount of social security taxes that you have paid. If you have also qualified to receive the earned income credit than your maximum amount that you can receive for the additional child tax credit will be your social security tax paid minus the amount of the earned income credit you are able to receive.

Please visit TurboTax online and try one of their free online tax calculators to help you determine the amount you may receive through your additional child tax credit.

The child tax credit and additional child tax credits are different from the child and dependent care credit. The total amount that can be received for the child tax credit is a maximum of $1,000.00 per qualifying child. A qualifying child must be under 17 before the end of the tax year and be a resident or citizen of the United States. The child tax credit will reduce the amount of taxes you owe dollar for dollar.