For tax year 2024 (filing in 2025), the child tax credit is worth up to $2,000 for each qualifying dependent child who was ...

The child tax credit is always one of the most popular credits claimed during tax season, but there are some things you ...

The Child Tax Credit (CTC) offers crucial financial relief to eligible families in the United States. Established in 1997, ...

Colorado families with children under 17 are now eligible for the new family affordability tax credit, which can provide up ...

One of the only things Donald Trump and Kamala Harris agreed on during the presidential campaign was the need to increase the ...

Donald Trump's signature 2017 tax cuts are set to expire in 2026, alongside the child tax credit benefits that were attached.

Both the income thresholds and the tax credit amount remain the same for 2024 taxes as they were in 2023. In 2021, pandemic legislation increased the credit temporarily to $3,000-$3,600 per child ...

The federal earned income tax credit celebrates 50th anniversary. Yet, IRS estimates one in five eligible taxpayers miss out ...

The themes are familiar, DeWine said, focusing heavily on children and families — as well as education, mental health service ...

In the 2023 tax year, the average amount received from the tax ... tax returns that claim the earned income tax credit and the additional child tax credit are expected to be available in taxpayer ...

However, the credit could be reduced to the original $1,000 amount under the Trump administration. The Tax Cuts and Jobs Act of 2017 or TCJA, temporarily increased the maximum child tax credit to ...

Thanks to the 2017 Tax Cuts and Jobs Act, the child tax credit is capped at $2,000 per eligible child – down from a maximum of $3,600 per child during the pandemic, but double that of tax year 2016.