California child tax credit In California, families with qualifying children can apply for the Young Child Tax Credit (YCTC), which provides up to $1,117 per eligible child for tax year 2024 (taxes typically filed in early 2025).
Tax credit per child for 2024 The maximum tax credit per qualifying child is $2,000 for children under 17. For the refundable portion of the credit (or the additional child tax credit), you may receive up to $1,700 per qualifying child.
The American Rescue Plan Act made several temporary expansions to the federal Child Tax Credit (CTC) for 2021. One was that it increased the CTC from $2,000 per qualifying child to $3,600 for qualifying children under age 6 and $3,000 for other qualifying children under age 18.
Beginning in 2026, the refundability threshold is scheduled to increase to $3,000 and the maximum ACTC per child (the amount that exceeds income tax liability) is scheduled to decrease to $1,000 per child. The American Rescue Plan Act (ARPA; P.L. 117-2) expanded the child tax credit for tax year 2021 only.
The number of dependents is, mathematically speaking, the number of people who are in your immediate family. (It might include your husband/wife, your children, and your (grand)parents.)
Total Dependents - Indicates total dollar amount for dependents claimed. Other Income - Indicates tax withheld for other income. This may include interest, dividends, and retirement income.
On your W-4 Form you claim allowances, which your employer uses to calculate the tax withheld from your paycheck. The number of dependents you have factors into your overall W-4 allowances. Many people simply count their family members and put that number down as the number of allowances on W-4 Form!
A dependent is a qualifying child or relative who relies on you for financial support. To claim a dependent for tax credits or deductions, the dependent must meet specific requirements. Answer questions to see if you can claim someone as a dependent on your tax return.