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TAX · us-federal-income · Q009 · easy

For the 2025 U.S. federal tax year, a taxpayer's Child Tax Credit exceeds the amount of tax they owe. Under the Additional Child Tax Credit (ACTC) rules, what happens to the unused portion of the credit?

  1. Up to $1,700 per qualifying child of the unused Child Tax Credit may be refundable through the Additional Child Tax Credit
  2. The unused credit is entirely forfeited because the Child Tax Credit is fully nonrefundable
  3. The entire unused Child Tax Credit amount is automatically refundable, with no per-child cap
  4. The unused credit can only be carried forward to reduce next year's tax liability; it cannot be refunded