Many parents with children under age 17 can claim the child tax credit worth up to $2,000 per child for tax year 2024. But that could change after 2025, affecting returns filed in 2027.
The refundable amount of this tax break is slightly higher for the 2024 tax filing season. Here’s what you need to know.
The Child Tax Credit (CTC) is a vital financial resource for families with dependent children under 17 years old. For the 2025 tax year, the IRS has maintained the same credit amounts as the ...
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