Is the Cdn Child Tax Credit taxable income in the US?

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CdnAmerican
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Joined: Tue Aug 30, 2011 12:15 am

Is the Cdn Child Tax Credit taxable income in the US?

Post by CdnAmerican »

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.
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nelsona
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Post by nelsona »

The portion that is taxable in Canada (some part of it is) is also reportable in US.
After 20 years, I am severely cutting back on responses. Do not ask specifically for my help. There are a few others on this board that can answer most questions. All the best
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CdnAmerican
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Joined: Tue Aug 30, 2011 12:15 am

Post by CdnAmerican »

Thanks!
Not a professional opinion.
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stewak2
Posts: 111
Joined: Mon Sep 18, 2006 2:47 pm

CTC Taxible

Post by stewak2 »

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?
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nelsona
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Joined: Wed Oct 27, 2004 2:33 pm
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Post by nelsona »

Correct, if not filing jointly.
After 20 years, I am severely cutting back on responses. Do not ask specifically for my help. There are a few others on this board that can answer most questions. All the best
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