The amount of Social Security tax paid by the taxpayer will be a consideration in determining the refundable component of the child credit for larger families.

Question

Quizplus · Accepted Answer

In the case of a taxpayer with three or more qualifying children,the refund is limited to
the greater of 15% of the taxpayer's earned income in excess of $3,000 or the excess of the
taxpayer's Social Security tax paid over the taxpayer's earned income credit for the year.

The Amount of Social Security Tax Paid by the Taxpayer