Understanding the Child Tax Credit in Germany: Kindergeld Explained
Explore the benefits of Kindergeld, Germany's child tax credit. Learn about eligibility and financial support for families.
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The child tax credit in Germany, known as 'Kindergeld', provides monthly financial support to parents. As of 2023, parents receive €250 per child per month. The benefit continues until the child turns 18, and in some cases, up to 25 if the child is in education or vocational training. Important eligibility criteria include residency in Germany and legal guardianship of the child.
FAQs & Answers
- What is Kindergeld? Kindergeld is the child tax credit in Germany, providing financial support to parents based on the number of children.
- How much is the child tax credit in Germany? As of 2023, Kindergeld offers €250 per month for each child until the child turns 18, or up to 25 if in education.
- Who is eligible for Kindergeld? Eligibility for Kindergeld requires residency in Germany and legal guardianship over the child.
- How long does Kindergeld last? Kindergeld benefits last until the child turns 18, or up to 25 if they are still in education or vocational training.