Ctc For Taxes Filed In 2024 Form. The ctc is a refundable tax credit, which means it can either reduce the amount of taxes you owe or give you a refund if the credit is more than your taxes. Be your son, daughter, stepchild, eligible foster child,.
What else would change with the. The federal child tax credit (ctc) allows eligible parents and caregivers to reduce their tax liability and might result in a tax refund.