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.

Georgia’s state senators are backing an expensive push by Republican Lt. Gov. Burt Jones to create a child tax credit.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox. The child tax credit is a tax break for parents and guardians of ...

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.

Early results from the IRS indicate that 7.7% fewer tax returns were filed in the first two weeks of the 2025 season. Why are ...

Child Tax Credit FAQs for Your 2021 Tax Return The good news is that there's still time for non-filers to sign up for the final payment, which will be sent on December 15. The bad news is that the ...

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.

Tax credits can come in handy when tax filing season rolls around. Here's a breakdown of common ones, including the earned income credit, child tax credit and clean energy credits. Many ...

Colorado families with children under 17 are now eligible for the new family affordability tax credit, which can provide up ...

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 ...

Kay Ivey signed the “Working for Alabama” legislative package, which included a state child care tax credit bill that legislators ... “This is an example of good public policy.