Child Tax Credit
What is the maximum Child Tax Credit per qualifying child for 2025?
$2,200 per qualifying child
EITC stands for what?
Earned Income Tax Credit
What does AOTC stand for?
American Opportunity Tax Credit
Which credit rewards retirement contributions by low-income taxpayers?
Saver’s Credit
On Form 1040, which line shows the Child Tax Credit?
Line 19
What IRS form calculates the refundable portion (ACTC)?
Schedule 8812
Is EITC refundable or non-refundable?
Refundable
What form is used to claim AOTC and LLC?
Form 8863
Which form reports Child & Dependent Care expenses?
Form 2441
Which line shows the Additional Child Tax Credit (refundable portion)?
Line 28
What is the refundable limit per child under ACTC 2025?
$1,700
Name one qualifying child requirement for EITC.
Relationship, Age, Residency, or Joint Return Test
What percentage of AOTC is refundable?
40 percent (up to $1,000)
Which credit helps offset energy-efficient home improvements?
Form 5695 - Residential Energy Credits
What schedule carries education credits from Form 8863 to the 1040?
Schedule 3
True or False: A child with only an ITIN qualifies for CTC.
False (SSN required)
What is the 2025 maximum EITC for 3 or more qualifying children?
$8,046
How many years can a student claim AOTC?
Four tax years (max)
Is the Savers Credit refundable or non-refundable?
Non-refundable
Which form is used for Retirement Savings Credit calculation?
Form 8880
At what age does a dependent no longer qualify for CTC?
After age 16 (end of tax year)
What form must tax preparers complete to meet due diligence for EITC?
Form 8867
What is the maximum LLC credit per return?
$2,000 per return
Name two lesser-known credits a tax pro should ask about.
Adoption Credit, Disabled Access Credit, Historic Rehabilitation Credit, Residential Clean Vehicle Credit (any two)
Which form is used to verify preparer due diligence for EITC/CTC/AOTC/HOH claims?
Form 8867