IRS Tax Tip 2020-27, February 28, 2020
Taxpayers with dependents who don't qualify for the child tax credit may be able to claim the credit for other dependents. The maximum credit amount is $500 for each dependent who meets certain conditions. These, include:
- Dependents who are age 17 or older.
- Dependents who have individual taxpayer identification numbers.
- Dependent parents or other qualifying relatives supported by the taxpayer.
- Dependents living with the taxpayer who aren't related to the taxpayer.
The credit begins to phase out when the taxpayer's income is more than $200,000. This phaseout begins for married couples filing a joint tax return at $400,000.
A taxpayer can claim this credit if:
- They claim the person as a dependent on the taxpayer's return.
- They cannot use the dependent to claim the child tax credit or additional child tax credit.
- The dependent is a U.S. citizen, national or resident alien.
Taxpayers can claim the credit for other dependents in addition to the child and dependent care credit and the earned income credit.
Taxpayers can use the worksheet in Publication 972, Child Tax Credit and Credit for Other Dependents (PDF). This worksheet will help them determine if they can claim the credit for other dependents.
- What You Need to Know About CTC, ACTC and ODC
- Publication 501, Dependents, Standard Deduction and Filing Information (PDF)