Tax credits tied to children and dependents are popular, but there are many restrictions. The IRS delays refunds on some ...

Currently, the credit is good for up to $2,000 per dependent child on your taxes. That full amount is "nonrefundable," meaning that you can only receive that much to lower your tax burden.

Tax season has started, and one of the most popular tax breaks for parents is the child tax credit (or CTC). More than 46 million taxpayers claim the CTC each year, according to the Bipartisan ...

The child tax credit provides big benefits for families with children, but you may have to wait a bit longer for your tax refund. Thomas is a native of upstate New York and a graduate of the ...

A new tax credit available in Colorado this tax season could reduce your tax burden by hundreds or thousands of dollars, if you're eligible for it.

The child tax credit is a tax break that applies a credit to your income taxes for a qualifying child or children, potentially earning you a refund on your federal tax return. The value of the ...

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 ...

The 2025 tax filing season has officially kicked off and if you’re claiming a Child Tax Credit or Earned Income Tax Credit (EITC), you can expect to wait a little longer for your refund.

and one of the financial supports is the Child Tax Credit (CTC). The CTC allows a portion of the tax bill to be reduced dollar-for-dollar and benefits around 48 million adult applicants who need a ...

Thanks to the 2017 Tax Cuts and Jobs Act, the child tax credit is capped at $2,000 per eligible child – down from a maximum of $3,600 per child during the pandemic, but double that of tax year 2016.