I have a question regarding unemployment tax credit and unemployment tax benefit issues. If my only income was unemployment benefits, can I claim the child tax credit?
Yes, if you received taxable unemployment benefits, you can claim the child tax credit, but there is no unemployment tax credit. The child tax credit reduces taxes you owe, so you must have some taxable income to claim the credit.
To qualify for the additional child tax credit, you must have earned income. If unemployment was your only income, you aren’t eligible to claim the additional child tax credit.
However, you must also have had earned income in the year to claim either of these:
- Earned Income Credit (EIC)
- Child and dependent care credit
Did you earn a wage in California and are you looking for information on your California tax refund? Read here to learn more from the tax pros at H&R Block.
Do you know which documents you need to claim business expenses? Learn more from the tax experts at H&R Block.
Has there been a birth in your family? Let the experts at H&R Block explain what you need to know about claiming a newborn on your taxes.
Learn more about filing taxes after divorce, including alimony and child support from the tax experts at H&R Block.