Who can claim a Child Tax Credit for 2023?

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The Child Tax Credit for 2023 can be claimed by parents or guardians who are eligible and are claiming qualifying dependents under the age of 17. To qualify for the credit, the child must meet specific criteria, including age, relationship, residency, and support.

In this context, guardians can also include individuals who have legal custody or have other qualifying arrangements ensuring they have responsibility for the child. The credit aims to support families with the cost of raising children, making it accessible to a wide range of custodial situations, as long as the dependents qualify.

Other options presented do not encompass the full scope of who can claim the credit. For instance, simply anyone filing taxes or restricting the credit to only single parents does not align with the rules that govern the Child Tax Credit, which are quite specific regarding eligibility based on dependent status rather than solely on the taxpayer’s filing status or general classification.

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