New York families could claim tax credits of as much as $1,000 per child under a proposal by Gov. Kathy Hochul to boost the state's existing credit over two years. The plan would lower taxes for ...

A new child tax credit is coming next year, bringing significant changes that will alter how much assistance families receive — and which families can receive it. With his tax and spending package, ...

The federal child tax credit (CTC) allows eligible parents and caregivers to reduce their tax liability and might result in a tax refund. However, not everyone can claim the credit, and credit amounts ...

The Child Tax Credit (CTC) offers up to $2,000 per qualifying child to eligible taxpayers, potentially reducing their tax liability. To be eligible for the CTC, the child must be under 17, reside with ...

The expansion will be implemented over two years, starting in 2026. The proposal will double the average child tax credit and make the credit available to more families. Around 89,000 children ...

Supporters of a new income tax credit for middle-class households with children couldn’t overcome Gov. Ned Lamont’s objections this spring, despite strong grassroots support and broad backing in the ...

The tax megabill that President Donald Trump signed into law on July 4 boosted the value of the child tax credit in 2025 to $2,200, up from $2,000. After 2025, the value of the child tax credit will ...

Children and teachers from the KU Kids Deanwood Child Care Center complete a mural in celebration of the launch of the child tax credit in 2021 in Washington, D.C. Local child tax credits began ...

Parents will start getting monthly payments as soon as July 15. Millions of parents across the country will start receiving money from the federal government as soon as Thursday, July 15. Under the ...

The child tax credit got a bump from the One Big Beautiful Bill, going from $2,000 per eligible child under 17 in tax year 2024 to $2,200 in tax year 2025. It's the first increase since the 2021 ...

With the 2025 tax season well underway, taxpayers are probably taking a look at the credits they can claim this year. You might have heard a great deal about the child tax credit -- and its uncertain ...

The Child Tax Credit is a valuable tax benefit for families with dependent children, currently offering up to $2,000 per qualifying child. The Child Tax Credit has helped to reduce poverty and improve ...