Now that the tax and spending bill has been signed into law, how it will impact the finances of Americans is more clear.

It's not tax season, but now that Trump's spending bill is final, it's a great time to plan, experts say. Don't overlook ...

First, the child tax credit has been increased from $2,000 to $3,000 for children over 6, and to $3,600 for children under 6. It also expands the ages of children eligible, raising the age limit ...

For 2025, the child tax credit is currently worth up to $2,000 per qualifying child under age 17 with a valid Social Security number. Up to $1,700 is "refundable" for 2025, ...

Under current law, the maximum child tax credit is $2,000, which will revert to $1,000 after 2025 without changes from Congress. The Senate's spending bill would permanently raise the top credit ...

Around 2 million children don’t currently qualify for any of the child tax credit because their families earn less than $2,500, according to the Tax Policy Center.Another 15 million receive some ...

How the credit is phased out. The more money you make, the smaller the tax credit you’ll receive. The 35 percent maximum rate phases out once a taxpayer earns more than $15,000 a year, until it ...

House Republicans on Thursday passed a bigger child tax credit as part of President Donald Trump's multi-trillion-dollar spending package. If enacted, the bill would make permanent the maximum ...