Right now, you can claim up to $2,000 per child under 17 on your taxes. Without any action from Congress, that amount drops ...

Advocates say new reports will help make their case for a CT child tax credit by emphasizing hefty tax burdens and a high ...

The Senate narrowly passed a massive spending and tax bill that includes signature policies of President Trump's second-term ...

Senate Republicans passed a bigger child tax credit as part of Trump’s spending package. If enacted, here is who stands to benefit.

House Republicans have unveiled legislation that could permanently extend Trump-era tax cuts. The proposal would prevent ...

Both the House and the Senate want to raise the maximum child tax credit, but limits on who can claim it mean millions of ...

The tax credit law provides up to $1,750 per child that diminishes as incomes rise. Last year, 223,000 households claimed the credit, for an average of $1,242 per child.

Biden's 2025 budget seeks return of advance child tax credits. There is no mention on the IRS website of a program matching the one described in the post, ...

Over the years Congress expanded the credit until the Tax Cuts and Jobs Act in 2017 took it from $1,000 per child to $2,000 per child. Then in 2021 in the American Rescue Plan Act, Congress again ...

Here's what you need to know about the Advanced Child Tax Credit and filing your 2022 taxes. TurboTax expert explains. Lots of parents found money in their checking accounts over the last few months.

The Child Tax Credit was a major talking point in 2021. Many people got advanced payments. So who qualifies for this credit? Why did you get the money, and do you have to pay it back?

If you make more than the income requirements, you may still get advance child tax credit payments, but less than the maximum amount. The IRS subtracted $50 from each advance check for every ...