CHILD TAX CREDIT ASSESSMENT EXAM 2026/2027
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AND CORRECT ANSWERS WITH RATIONALES |
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Question 1
What is the maximum age a child can be at the end of the tax year to qualify for the Child Tax Credit in
2026?
A) 15
B) 16
C) 17
D) 18
Correct Answer: B) 16
Rationale: To be a qualifying child for the Child Tax Credit, the child must be under age 17 at the end of
the tax year, meaning the child must be 16 or younger on December 31, 2026.
Question 2
For the 2026 tax year, what is the maximum Child Tax Credit amount per qualifying child?
A) $2,000
B) $2,200
C) $2,500
D) $3,000
Correct Answer: B) $2,200
Rationale: Under the One Big Beautiful Bill Act (OBBBA), the Child Tax Credit is $2,200 per qualifying
child for the 2026 tax year.
Question 3
What is the maximum refundable portion of the Child Tax Credit (Additional Child Tax Credit) per child
for 2026?
,A) $1,400
B) $1,500
C) $1,700
D) $2,000
Correct Answer: C) $1,700
Rationale: The Additional Child Tax Credit (ACTC), which is the refundable portion of the CTC, is worth up
to $1,700 per qualifying child for the 2026 tax year.
Question 4
At what modified adjusted gross income (MAGI) does the Child Tax Credit begin to phase out for single
filers in 2026?
A) $75,000
B) $150,000
C) $200,000
D) $400,000
Correct Answer: C) $200,000
Rationale: For 2026, the Child Tax Credit begins to phase out when a single filer's MAGI exceeds
$200,000.
Question 5
At what modified adjusted gross income (MAGI) does the Child Tax Credit begin to phase out for married
filing jointly filers in 2026?
A) $200,000
B) $300,000
C) $400,000
D) $500,000
Correct Answer: C) $400,000
Rationale: For 2026, the Child Tax Credit begins to phase out when married filing jointly filers' MAGI
exceeds $400,000.
,Question 6
How much does the Child Tax Credit decrease for every $1,000 of MAGI above the phase-out threshold?
A) $25
B) $50
C) $100
D) $200
Correct Answer: B) $50
Rationale: The Child Tax Credit is reduced by $50 for every $1,000 (or part of $1,000) of MAGI above the
applicable threshold.
Question 7
Which of the following is NOT a requirement to be a qualifying child for the Child Tax Credit?
A) The child must be under age 17
B) The child must be a U.S. citizen, U.S. national, or U.S. resident alien
C) The child must have lived with you for more than half of the year
D) The child must be your biological child only
Correct Answer: D) The child must be your biological child only
Rationale: A qualifying child can be a son, daughter, stepchild, foster child, brother, sister, stepbrother,
stepsister, half-brother, half-sister, or a descendant of any of them. It does not have to be a biological child
only.
Question 8
What is the minimum earned income required to qualify for the Additional Child Tax Credit (ACTC) in
2026?
A) $1,000
B) $2,500
C) $3,000
D) $5,000
Correct Answer: B) $2,500
Rationale: To be eligible for the Additional Child Tax Credit, a taxpayer's earned income must be at least
$2,500.
, Question 9
What document must a child have to be claimed for the Child Tax Credit in 2026?
A) A valid driver's license
B) A Social Security Number (SSN) valid for employment
C) An ITIN
D) A passport only
Correct Answer: B) A Social Security Number (SSN) valid for employment
Rationale: Under the OBBBA, a Social Security Number (SSN) valid for employment is required for both
the child and the parent claiming the Child Tax Credit. ITIN holders can no longer claim the CTC.
Question 10
Which of the following filing statuses has a $200,000 phase-out threshold for the Child Tax Credit in
2026?
A) Married Filing Jointly
B) Qualifying Surviving Spouse
C) Head of Household
D) Both A and B
Correct Answer: C) Head of Household
Rationale: The phase-out threshold is $200,000 for single filers, head of household filers, and married
filing separately. Married filing jointly and qualifying surviving spouse have a $400,000 threshold.
Question 11
What is the maximum Credit for Other Dependents (ODC) amount per dependent for 2026?
A) $200
B) $500
C) $1,000
D) $2,200
Correct Answer: B) $500
Rationale: The Credit for Other Dependents is worth up to $500 per qualifying dependent who does not
meet the requirements for the Child Tax Credit.
NEWEST EXAM PREP WITH COMPLETE QUESTIONS
AND CORRECT ANSWERS WITH RATIONALES |
ALREADY GRADED A+| |BRAND NEW VERSION!!
Question 1
What is the maximum age a child can be at the end of the tax year to qualify for the Child Tax Credit in
2026?
A) 15
B) 16
C) 17
D) 18
Correct Answer: B) 16
Rationale: To be a qualifying child for the Child Tax Credit, the child must be under age 17 at the end of
the tax year, meaning the child must be 16 or younger on December 31, 2026.
Question 2
For the 2026 tax year, what is the maximum Child Tax Credit amount per qualifying child?
A) $2,000
B) $2,200
C) $2,500
D) $3,000
Correct Answer: B) $2,200
Rationale: Under the One Big Beautiful Bill Act (OBBBA), the Child Tax Credit is $2,200 per qualifying
child for the 2026 tax year.
Question 3
What is the maximum refundable portion of the Child Tax Credit (Additional Child Tax Credit) per child
for 2026?
,A) $1,400
B) $1,500
C) $1,700
D) $2,000
Correct Answer: C) $1,700
Rationale: The Additional Child Tax Credit (ACTC), which is the refundable portion of the CTC, is worth up
to $1,700 per qualifying child for the 2026 tax year.
Question 4
At what modified adjusted gross income (MAGI) does the Child Tax Credit begin to phase out for single
filers in 2026?
A) $75,000
B) $150,000
C) $200,000
D) $400,000
Correct Answer: C) $200,000
Rationale: For 2026, the Child Tax Credit begins to phase out when a single filer's MAGI exceeds
$200,000.
Question 5
At what modified adjusted gross income (MAGI) does the Child Tax Credit begin to phase out for married
filing jointly filers in 2026?
A) $200,000
B) $300,000
C) $400,000
D) $500,000
Correct Answer: C) $400,000
Rationale: For 2026, the Child Tax Credit begins to phase out when married filing jointly filers' MAGI
exceeds $400,000.
,Question 6
How much does the Child Tax Credit decrease for every $1,000 of MAGI above the phase-out threshold?
A) $25
B) $50
C) $100
D) $200
Correct Answer: B) $50
Rationale: The Child Tax Credit is reduced by $50 for every $1,000 (or part of $1,000) of MAGI above the
applicable threshold.
Question 7
Which of the following is NOT a requirement to be a qualifying child for the Child Tax Credit?
A) The child must be under age 17
B) The child must be a U.S. citizen, U.S. national, or U.S. resident alien
C) The child must have lived with you for more than half of the year
D) The child must be your biological child only
Correct Answer: D) The child must be your biological child only
Rationale: A qualifying child can be a son, daughter, stepchild, foster child, brother, sister, stepbrother,
stepsister, half-brother, half-sister, or a descendant of any of them. It does not have to be a biological child
only.
Question 8
What is the minimum earned income required to qualify for the Additional Child Tax Credit (ACTC) in
2026?
A) $1,000
B) $2,500
C) $3,000
D) $5,000
Correct Answer: B) $2,500
Rationale: To be eligible for the Additional Child Tax Credit, a taxpayer's earned income must be at least
$2,500.
, Question 9
What document must a child have to be claimed for the Child Tax Credit in 2026?
A) A valid driver's license
B) A Social Security Number (SSN) valid for employment
C) An ITIN
D) A passport only
Correct Answer: B) A Social Security Number (SSN) valid for employment
Rationale: Under the OBBBA, a Social Security Number (SSN) valid for employment is required for both
the child and the parent claiming the Child Tax Credit. ITIN holders can no longer claim the CTC.
Question 10
Which of the following filing statuses has a $200,000 phase-out threshold for the Child Tax Credit in
2026?
A) Married Filing Jointly
B) Qualifying Surviving Spouse
C) Head of Household
D) Both A and B
Correct Answer: C) Head of Household
Rationale: The phase-out threshold is $200,000 for single filers, head of household filers, and married
filing separately. Married filing jointly and qualifying surviving spouse have a $400,000 threshold.
Question 11
What is the maximum Credit for Other Dependents (ODC) amount per dependent for 2026?
A) $200
B) $500
C) $1,000
D) $2,200
Correct Answer: B) $500
Rationale: The Credit for Other Dependents is worth up to $500 per qualifying dependent who does not
meet the requirements for the Child Tax Credit.
