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

The GOP tax and spending bill raises the child tax credit from $2,000 to $2,200, adjusts it annually for inflation, and ...

This version of the budget bill would contribute to an average net gain of $12,000 to wealthy families and a $1,600 net loss ...

Senate looks to cut $1 trillion from Medicaid. Here’s who would be hurt most. Oilers Make Big Starting Lineup Change for ...

Senate and House Republicans’ big beautiful spending bills could boost the child tax credit. Here’s who could benefit.

Sen. Katie Britt (R-AL) said she is pushing to increase the size of the child and dependent care tax credit in the Senate as part of the One Big Beautiful Bill Act. Britt, who has previously ...

By making the 2017 Tax Cuts and Jobs Act — a landmark accomplishment of Trump’s first term — permanent, the annual tax credit families can claim per child would increase from $2,000 to ...

Moore’s bill, the Family First Act, increases the child tax credit amount from the current $2,000 level to $4,200 for families with a child up to age 5. The credit would be $3,000 for families ...

As part of a $1 billion tax package passed in 2023, families can now claim $440 for every child under 13, disabled adult, or senior that lives with you under the Child and Family Tax Credit. The ...

“A refundable child tax credit is designed to provide direct tax relief to families in our state,” said Rep. Matt Ritter, House speaker, Democrat.

But you might not receive the full $2,000-per-child credit if your tax liability for the year is too low. That’s where the Additional Child Tax Credit comes in.

For tax year 2024 (filing in 2025), the child tax credit is worth up to $2,000 for each qualifying dependent child who was under age 17 on Dec. 31, 2024. The refundable portion, ...