calculate_us_child_tax_credit
Calculate your 2026 US Child Tax Credit based on number of children under 17, AGI, and filing status. Accounts for phase-out and provides final credit after reduction.
Instructions
Calculate US Child Tax Credit for 2026 with phase-out based on AGI. Returns: {agi, base_credit, credit_reduction, final_credit}. See list_bundles for related 'finance-us' calculators.
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| children_under_17 | Yes | Number of qualifying children under age 17 | |
| agi | Yes | Adjusted Gross Income in USD | |
| filing_status | No | Filing status | single |
Output Schema
| Name | Required | Description | Default |
|---|---|---|---|
| result | No | Computed result. Object whose fields depend on the tool (e.g. {tax, marginal_rate, brackets} for tax tools, {volume_l, gallons} for volume tools). | |
| formula | No | Human-readable formula or method used (e.g. "I=P·r·t", "Magnus formula"). | |
| source | No | Authoritative source for the rule or formula (e.g. "Article 197 CGI", "NF DTU 21"). | |
| reference_url | No | Link to a calcul2 page documenting the calculation in detail. |