Taxpayers who don’t qualify for the Child Tax Credit because their children are too old may have an alternative. The Credit for Other Dependents maxes out at $500 per dependent if certain conditions are met. To qualify, dependents must: Be age 17 or older; have individual taxpayer ID numbers; be a qualifying relative of the taxpayer or if unrelated, must live with the taxpayer. (A taxpayer’s dependent parent may also qualify.) The credit begins to phase out when income exceeds $200,000 or $400,000 for married couples who file joint tax returns. This credit can be claimed in addition to the Child and Dependent Care Credit and the Earned Income Credit. Here’s more: https://bit.ly/3m6pyvu Call or visit our website for more information! www.mjscpa.com/