What criteria must be met to qualify for the Child Tax Credit?

To qualify for the Child Tax Credit, the primary criteria are that the child must be under the age of 17 at the end of the tax year, and the taxpayer must adhere to specific income limits set by the IRS. This means that the child needs to fit within a specific age range to qualify for the credit, and exceeding these age limits disqualifies the taxpayer from claiming the credit. Additionally, the credit phases out at higher income levels, ensuring that it targets families in a particular income bracket.

While age is indeed a crucial factor, it is equally important to consider the income limits when determining eligibility for the credit. Thus, this answer encapsulates the necessary age requirement alongside the financial criteria that taxpayers must evaluate to ensure they can take advantage of this tax benefit.