Tax Credit Savings

Question: Does having savings effect the amount of child tax credit you get?
I currently receive CTC but will be receiving some monies due to a death of a family member.
Will this effect the amount I receive in CTC
Thank you
Answer: I don’t believe its means tested it is to do with the amount of hours you work.
New buyer tax credit deadline Friday
The Friday deadline for first-time buyers to get an $8,000 tax credit when purchasing a home has given a recent boost to Jacksonville’s housing market. And local real estate agents are not worried business will dry up when the deadline passes:…
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Tax Credit Reform means savings, more accountability