Congress temporarily boosted the value of the Child Tax Credit (CTC) and expanded the maximum credit, for the first time, to ...

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

House Republicans have unveiled legislation that could permanently extend Trump-era tax cuts. The proposal would prevent ...

As Congress deliberates potential changes to the federal child tax credit, Texas child advocates are raising concerns about ...

Both the House and the Senate want to raise the maximum child tax credit, but limits on who can claim it mean millions of ...

This version of the budget bill would contribute to an average net gain of $12,000 to wealthy families and a $1,600 net loss ...

Senate Republicans have released their version of the tax legislation. It included some significant changes from the House version of the tax bill.

The tax credit law provides up to $1,750 per child that diminishes as incomes rise. Last year, 223,000 households claimed the credit, for an average of $1,242 per child.

IRS, accessed June 13, website search IRS, May 7, 2021 Child Tax Credit and Advance Child Tax Credit Payments – Topic A: General Information IRS, April 16, IRS: Monthly Child Tax Credit payments ...

The Center on Poverty and Social Policy at Columbia University found that the advance child tax credit reduced monthly child poverty by close to 30 percent and that it kept 3.7 million children ...

The Internal Revenue Service has revised and updated the answers it previously provided to frequently asked questions on the 2021 Child Tax Credit and Advance Child Tax Credit. On Friday, the IRS ...

The Internal Revenue Service revised its answers to frequently asked questions on the Child Tax Credit, adding a new set of six commonly asked filing season questions. In a new fact sheet posted ...