Form 1040 Schedule 8812 - Credits for Qualifying Children and Other Dependents

Form 1040 Schedule 8812 Child Tax Credit is used to figure the child tax credit (CTC), credit for other dependents (ODC), and additional child tax credit (ACTC). The CTC and ODC are nonrefundable credits, while the ACTC is a refundable credit. The form is used to calculate the amount of credit that a taxpayer can claim based on their income, the number of qualifying children and dependents, and other factors. The form is intended to help families with qualifying children get a tax break, and the credit amount can be claimed even if the taxpayer does not normally file a tax return.

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