Any child you care for all year as your own can be a foster child.

Tax laws keep changing, but don't be the last to know about them. If your income is over the threshold for your filing status, go to the next section. This requires filing form 8812 and may allow some of the credit to be realized. Your modified adjusted gross income must be below certain limits. Determine how many children under 17 are your dependents.

Alternatively, the process for the additional round of checks can begin only after the first round of checks is issued. After calculating the difference between your income and your threshold, divide that amount by 1,000. Is your son, daughter, legally adopted child, grandchild, stepchild, eligible foster child, brother, sister, stepbrother, stepsister, or a descendant of any of the above. If there are other languages for which it would be important for you to have translations to distribute, please let us know.

TurboTax walks you through the qualification process step-by-step. Robert LenznerSteven Drobny reveals insights from the hedge fund all-stars. Any child you care for all year as your own can be a foster child. It is expensive for us to produce and print the translations, so we do this only for languages for which we receive sufficient requests. Determine how many of those are your own children, stepchildren, grandchildren or foster children. And the credit does not affect the exemptions you take for dependents. Your tax liability is the amount on line 40 Form 1040 or line 26 Form 1040A.