---
title: Child Tax Credit
description: If the numbers aren't adding up, it's likely because types of dependents aren't adding up to the number of &quot;Total Dependents&quot; listed.
---

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# Child Tax Credit

## How to model dependents to correctly calculate applicable Child Tax Credits.

### Modeling Dependents

---

To model dependents, expand the **Filing Status / Age / Dependents** tab.

![](https://help.holistiplan.com/hs-fs/hubfs/image-png-Apr-06-2026-07-34-34-7340-PM.png?width=670&height=615&name=image-png-Apr-06-2026-07-34-34-7340-PM.png)

**Total Dependents** represents the number of dependents claimed on the tax return.

**Total Dependents for Child Tax Credit** represents the number of claimed dependents eligible for the $2,200 child tax credit. These are qualifying children under the age of 17.

**Total Dependents for Other Credit** represents the number of claimed dependents eligible for the $500 other dependent credit. These are qualifying relatives age 17 or older who meet [eligibility requirements](https://www.irs.gov/newsroom/understanding-the-credit-for-other-dependents). 

**Note:** The **Total Dependents** value must equal the total of **Dependents for Child Tax Credit**+ **Dependents for Other Credit**

 

### Calculating the Credit

---

Once dependents are modeled, the software will automatically calculate eligible child tax credits and other dependent credits under the **Nonrefundable Tax Credits** and **Refundable Tax Credits** tabs.

![](https://help.holistiplan.com/hs-fs/hubfs/image-png-Apr-06-2026-07-49-31-1242-PM.png?width=670&height=192&name=image-png-Apr-06-2026-07-49-31-1242-PM.png)

![](https://help.holistiplan.com/hs-fs/hubfs/image-png-Apr-06-2026-07-50-14-6632-PM.png?width=670&height=263&name=image-png-Apr-06-2026-07-50-14-6632-PM.png)

The calculated credit is based on the number of dependents modeled and the client's MAGI. This credit begins phasing out at $400,000 for those filing jointly and $200,000 for others. To follow along with the software's calculations using [Schedule 8812](https://www.irs.gov/pub/irs-pdf/f1040s8.pdf), click on the **calculator icon** located to the left of the calculated credit.

![](https://help.holistiplan.com/hs-fs/hubfs/image-png-Apr-06-2026-07-55-50-5378-PM.png?width=670&height=500&name=image-png-Apr-06-2026-07-55-50-5378-PM.png)

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