The Senate has passed its version of the One Big Beautiful Bill Act - with an expanded Child Tax Credit (CTC) for American ...

Among its extensive provisions, the creation of 'Trump Accounts' stands out, designed to support American families ...

The bill stipulates that to qualify for the CTC, taxpayers must include their own Social Security Number in their tax return. This requirement underscores the importance of personal identification ...

GETTY The CTC, first introduced in 1997, offers families up to $2,000 for every eligible child under the age of 17 with a valid Social Security number. Under current rules, only the child's Social ...