Follow this how-to when you are ready to work on your Works Cited page. The Works Cited page has the following characteristics: 1  A heading âWorks Citedâ centered one inch below the top edge of a new page. 2  Do not bold or underline this heading. 3  No indent on the first line of each entry.
The Child Tax Credit (CTC) helps working families offset the cost of raising children. It is worth up to $1,000 per eligible child (under age 17 at the end of the tax year). The CTC includes a refundable component, the Additional Child Tax Credit. Like the EITC, the CTC increases with earnings, but unlike the EITC, the first $3,000 in earnings does not count when determining the CTC. Families receive a refund equal to 15 percent of their earnings above $3,000, up to the credit's full $1,000-per-child value.
For Tax Year 2016, the Child Tax Credit can be worth as much as $1,000 per qualified child, depending on your total income. If you pay for daycare so that you can work (or look for work), you may be able to take advantage of the Child and Dependent Care Credit. This credit can be worth up to $2,100.