The ‘big beautiful bill’ hiked the child tax credit to $2,200 in 2025, up from $2,000 in 2024. Here’s who qualifies for this ...

Refundable tax credits were a big part of state tax policy conversations this year. In 2025, nine states improved or created ...

Child Tax Credit 2024 Amount The full child tax credit amount for 2024. If you haven't filed your 2024 federal tax return already, the CTC is worth up to $2,000 per qualifying child under 17.

When it comes to supporting families through tax policy in America, two tax credits do the heavy lifting: the Earned Income ...

Navigating the complexities of tax credits can be daunting, yet the Earned Income Tax Credit (EITC) offers substantial financial relief for low to moderate-income families. With eligibility rules ...

Montgomery among four counties with largest percentages of eligible taxpayers. Nearly 99,000 low-income Marylanders left tax ...

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 ...

The 2021 expansion allowed the poorest families in the country, those who don’t file income taxes, to access the child tax credit for the first time in its history.

Another tax credit, known as 45F, reimburses businesses for a portion of what they spend providing child care for their employees. But Rittling said it was “antiquated, and businesses really ...

The domestic policy bill passed by the House raises the maximum child tax credit to $2,500. But about a third of children would not receive the full credit because their parents have low wages or ...

Under current law, a two-adult, two-child family needs a household income of at least $36,000 to receive the full $4,000 child tax credit for their children ($2,000 each). H.R. 1 would raise the ...

The state earned income tax credit, which adds an average of $1,061 to the returns of about 195,000 filers — most earning less than $65,000 per year — would grow by about $250 for those with ...