Taxpayers with income below phase-out amounts are allowed a child credit of $1,000 for each qualifying child under age 18.

Name: Taxpayers with income below phase-out amounts are allowed a child credit of $1,000 for each qualifying child under age 18.
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The child tax credit amount and eligibility criteria, including the age of qualifying children, have changed over the years. As of recent updates, the credit amount and age limit may differ from $1,000 and under age 18.

Taxpayers with Income Below Phase-Out Amounts Are Allowed a Child