Are Child tax benefits based on gross income or net income?

Child tax benefits are generally based on modified adjusted gross income (MAGI), which includes gross income with certain deductions added back in. The specific thresholds for eligibility and benefit amounts can vary by country and program. In the United States, for example, the Child Tax Credit phases out at higher income levels based on MAGI rather than net income. Always check the specific guidelines for the relevant tax year and jurisdiction for accurate information.