Wind and solar companies are bracing for big changes to the industry as lawmakers in Washington continue working on President ...

Republican lawmakers released details on President Trump’s ‘one big, beautiful bill,’ including an increased child tax credit ...

The Senate has passed its version of the One Big Beautiful Bill Act - with an expanded Child Tax Credit (CTC) for American ...

Senate Republicans passed a bigger child tax credit as part of Trump’s spending package. If enacted, here is who stands to ...

The Tax Cuts and Jobs Act, or TCJA, of 2017 temporarily boosted the maximum child tax credit from $1,000 to $2,000, which will expire after 2025 without action from Congress. If enacted, the ...

Under current law, the maximum child tax credit is $2,000, which will revert to $1,000 after 2025 without action from Congress. Both House and Senate proposals would increase the top credit, but ...

The credit begins to phase out once your MAGI exceeds $400,000 for married couples filing jointly, or $200,000 for all other filers. Only $1,700 of the tax credit is refundable.

Money CT child tax credit still possible as budget talks hit home stretch Leaders hope to offer $150 per child, up to $450 per household by Keith M. Phaneuf May 26, 2025 @ 5:30 am ...

There are also income limits. For a married couple filing jointly, the upper income limit is $110,000. The child tax credit starts to phase out after that.

Millions of children already don’t qualify for full credit Currently, to qualify for the child tax credit, families must earn at least $2,500. The value of the credit phases in gradually, with ...

For 2025, the child tax credit is worth up to $2,000 per qualifying child under age 17 with a valid Social Security number. Up to $1,700 is "refundable" for 2025, which delivers a maximum of ...

The bill would phase out the assistance to families that make between 225% and 250% of the federal poverty level, or 275% for those with special needs care. The change would cover an estimated 120 ...