Is the Cdn Child Tax Credit taxable income in the US?
Moderator: Mark T Serbinski CA CPA
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Is the Cdn Child Tax Credit taxable income in the US?
Simple question here. I am a USC, and just received the Child Tax Credit from the Cdn government for my children. Do I claim this as income on my US 1040?
Not a professional opinion.
CTC Taxible
The lower-income spouse claims it, as far as CCRA is concerned.
I'd assume that in the case where said spouse is not a USC, the other parent who *is* a USC reports nothing?
I'd assume that in the case where said spouse is not a USC, the other parent who *is* a USC reports nothing?