As tax season kicks off, understanding the nuances of the child tax credit can help you better manage your expectations for ...

In 2021, President Joe Biden's American Rescue Plan was passed and brought with it substantial increases to the child tax credit. Under the law, the credit was expanded to pay out $3,600 per ...

The Tax Cuts and Jobs Act of 2017, or TCJA, temporarily increased the maximum child tax credit to $2,000 from $1,000. Without action from Congress, the higher benefit could expire after 2025.

You may now qualify for several new tax credits and deductions depending on your income level. The Child Tax Credit has been an integral policy for families in recent years, and it could save you ...

She also wants to make the Child Tax Credit available for children under the age of four for the first time, and triple the maximum benefit to $1,000 for babies and children up to four years old ...