Concept
How is the child tax credit calculated and limited by total tax liability?
ComputerScienceOne / Life & Taxes
"Next we compute the child tax credit, taking care that it does not exceed $3,000. A conditional based on the number of children suffices as at this point in the program we already know it is zero or greater.\n\n1 if(numChildren <= 3) {\n\n2 credit = numChildren * 1000;\n\n3 } else {\n\n4 credit = 3000;\n\n5 }\n\nFinally, we need to ensure that the credit does not exceed the total tax liability (the credit is non-refundable, so if the credit is greater, the tax should only be zero, not negative)."
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