Instructions for Form 1040,

This is archived information that pertains only to the 2006 Tax Year. If you
are looking for information for the current tax year, go to the Tax Prep Help Area.

Child Tax Credit Worksheet—Line 53. Summary: This is an example of the Child Tax Credit Worksheet, used to determine the amount, if any, the taxpayer can claim as the child tax credit, to be entered on Form 1040, line 53. Caution.

To be a qualifying child for the child tax credit, the child must be under age 17 at the end of 2006 and meet the other requirements listed on page 19.
Do not use this worksheet if you answered “Yes” to questions 1, 2, or 3 on page 42. Instead, use Pub. 972.

The line items to be completed are:

“1. Number of qualifying children: (blank text field) multiplied by $1,000. Enter the result.” field

“2. Enter the amount from Form 1040, line 46.” field

“3.Enter the total of the amounts from Form 1040, lines 47 through 52. Include only the amount, if any, from Form 5695, line 12.”

“4. Are the amounts on lines 2 and 3 the same?”

“Yes. STOP. You cannot take this credit because there is not tax to reduce. However, you may be able to take the additional child tax credit. See the TIP below.” checkbox

“No. Subtract line 3 from line 2.” checkbox, field

“5. Is the amount on line 1 more than the amount on line 4?”

“Yes. Enter the amount from line 4. Also, you may be able to take the additional child tax credit. See the TIP below.” checkbox

“No. Enter the amount from line 1.” checkbox

“This is your child tax credit. Enter this amount on Form 1040, line 53.” field

TIP. You may be able to take the additional child tax credit on Form 1040, line 68, if you answered “Yes” on line 4 or line 5 above.

First, complete your Form 1040 through line 67.
Then, use Form 8812 to figure any additional child tax credit.