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    Refundable CTC

    NormaG
    Level 2

    Hi, I am preparing a non-filer return for a couple that only income they have is Social Security (SSA-1099). They have two great grandchildren that lived with them for 2020 and 2021 and they did not receive any of the recovery rebate credits for the kids. I am filing for 2020 and 2021 to get the recovery rebate credits, but I am just wondering if they qualify for the CTC since they have no earned income? Anyone? and thank you!

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    qbteachmt
    Level 15

    Read this:

    https://www.irs.gov/pub/irs-drop/rp-22-12.pdf

    Rev. Proc. 2022-12

    "This revenue procedure provides procedures for individuals who are not otherwise required to file Federal income tax returns for taxable year 2021 to claim the child tax credit under § 24, to claim the 2021 recovery rebate credit under § 6428B, and to claim the earned income credit under § 32"

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    4 Comments 4
    garman22
    Level 13
    Level 13

    Every where I am reading states you dont have to have taxable income to qualify for the credit or the EIP. I prepped a test return and I am showing a full credit refund. 

    I encourage you to do a little research of your own and see what you see. 

    qbteachmt
    Level 15

    Read this:

    https://www.irs.gov/pub/irs-drop/rp-22-12.pdf

    Rev. Proc. 2022-12

    "This revenue procedure provides procedures for individuals who are not otherwise required to file Federal income tax returns for taxable year 2021 to claim the child tax credit under § 24, to claim the 2021 recovery rebate credit under § 6428B, and to claim the earned income credit under § 32"

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    NormaG
    Level 2

    Thank you!

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    qbteachmt
    Level 15

    You get this and similar updates when you are subscribed to the various governmental e-newsletters. Start here:

    https://www.irs.gov/newsroom/e-news-subscriptions

     

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