Other Dependent Credit
E914741
Other Dependent Credit is a nonrefundable U.S. federal income tax credit that provides a smaller benefit than the Child Tax Credit for qualifying dependents who do not meet the child criteria, such as older children or certain relatives.
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
U.S. federal income tax credit
ⓘ
nonrefundable tax credit ⓘ |
| administeredBy | Internal Revenue Service NERFINISHED ⓘ |
| appliesTo | U.S. individual income taxpayers ⓘ |
| availableForTaxYear |
2018
ⓘ
2019 ⓘ 2020 ⓘ 2021 ⓘ 2022 ⓘ 2023 ⓘ 2024 ⓘ |
| availableToFilerStatus |
head of household
ⓘ
married filing jointly ⓘ married filing separately ⓘ single ⓘ |
| cannotExceed | taxpayer’s regular tax liability reduced by other nonrefundable credits ⓘ |
| claimedOnForm | Form 1040 NERFINISHED ⓘ |
| codifiedIn | Internal Revenue Code section 24 NERFINISHED ⓘ |
| comparedTo | Child Tax Credit NERFINISHED ⓘ |
| computedOnSchedule | Schedule 8812 NERFINISHED ⓘ |
| creditAmountIsSmallerThan | Child Tax Credit amount ⓘ |
| effectiveForTaxYearsBeginning | 2018 ⓘ |
| eligibleDependentExample |
dependent parent
ⓘ
older child who does not meet age test for Child Tax Credit ⓘ other qualifying relative ⓘ |
| eligibleDependentType |
qualifying child who does not meet Child Tax Credit criteria
ⓘ
qualifying relative ⓘ |
| interactsWith |
Additional Child Tax Credit
ⓘ
Child Tax Credit NERFINISHED ⓘ standard deduction and personal exemptions rules after TCJA ⓘ |
| introducedIn | Tax Cuts and Jobs Act of 2017 NERFINISHED ⓘ |
| jurisdiction |
United States of America
ⓘ
surface form:
United States
|
| maximumCreditPerDependent | 500 U.S. dollars ⓘ |
| nonrefundable | yes ⓘ |
| phaseoutBeginsAtAGI | same thresholds as Child Tax Credit for the relevant year ⓘ |
| purpose | to provide tax relief for dependents who do not qualify for the Child Tax Credit ⓘ |
| refundable | no ⓘ |
| requiresDependentNotTo |
be used by another taxpayer as a dependent
ⓘ
qualify for the Child Tax Credit ⓘ |
| requiresDependentToBe | U.S. citizen, U.S. national, or U.S. resident alien ⓘ |
| requiresDependentToBeClaimedOn | Form 1040 NERFINISHED ⓘ |
| requiresDependentToHave | valid taxpayer identification number ⓘ |
| requiresDependentToMeet |
gross income or qualifying child rules, depending on category
ⓘ
relationship or member-of-household test ⓘ support test ⓘ |
| requiresTaxpayerToHave | tax liability to benefit ⓘ |
| subjectTo | income phaseout ⓘ |
| sunsetScheduledAfter | tax year 2025, absent further legislation ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.