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The Child Tax Credit Explained

The Child Tax Credit is one of the most valuable tax credits available to those with children. In this informative video, Mark Steber (Jackson Hewitt’s Chief Tax Information Officer) breaks down everything families need to know before they file their 2023 federal income tax return. Here's what we cover in this video: 00:24 What the Child Tax Credit is 01:06 What you need to know about the Child Tax Credit for this tax season 01:56 What the financial benefits of the Child Tax Credit are 02:23 Who qualifies to claim the Child Tax Credit 03:42 How the Child Tax Credit is calculated 04:39 How to claim the Child Tax Credit 05:11 The Additional Child Tax Credit 06:25 The Child and Dependent Care Credit 07:00 Frequently asked questions about the Child Tax Credit Don’t get overwhelmed, watch this video and you’ll gain the knowledge and strategies you need to help you file your tax return this year. Learn more about the Child Tax Credit here: https://www.jacksonhewitt.com/tax-hel... Need to file or have tax questions? We're open all year. Book appointment at https://office.jacksonhewitt.com/en/o... For the latest tax tips, subscribe to Jackson Hewitt: https://www.youtube.com/c/jacksonhewi... #TaxTips #TaxSeason #ChildTaxCred #Families #taxcredits