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  2. Child tax credit payments: NY to send 1M families bonus ... - AOL

    www.aol.com/child-tax-credit-payments-ny...

    Gov. Kathy Hochul on July 30, 2024 announces the distribution of $350 million to more than 1 million New York families as a supplement to the child credits they claimed on their state taxes.

  3. The US House passes the bipartisan tax deal to expand the ...

    www.aol.com/finance/us-house-passes-bipartisan...

    Read more: Child tax credit: Everything you need to know for the 2023 tax year Dealmaker: Speaker of the House Mike Johnson (R-LA) at the U.S. Capitol on Wednesday, January 31. (Kevin Dietsch ...

  4. Understanding the current Child Tax Credit for 2023 and what ...

    www.aol.com/understanding-current-child-tax...

    Succinctly, the current CTC for 2023 is a $2,000 credit per qualifying child. For a taxpayer to claim the CTC, a qualifying child must meet the 3-A's test (i.e., Age, Address and Allowable ...

  5. Tax Relief for American Families and Workers Act - Wikipedia

    en.wikipedia.org/wiki/Tax_Relief_for_American...

    Passed the House on January 31, 2024 (357-70) The Tax Relief for American Families and Workers Act of 2024 is a tax bill in the 118th United States Congress (H.R. 7024) that would amend portions of the Internal Revenue Code of 1986. The bill was approved by the House of Representatives on January 31, 2024, by a bipartisan vote 357–70.

  6. Child tax credit (United States) - Wikipedia

    en.wikipedia.org/wiki/Child_tax_credit_(United...

    The child tax credit under the Tax Cuts and Jobs Act of 2017. Top plateau would be higher for more children. Under the Tax Cuts and Jobs Act of 2017 (TCJA), for the years 2018–2025 (excluding 2021, see below section Temporary Expansion in 2021) the CTC allows taxpayers to reduce their federal tax liabilities by $2,000 per qualifying child (see Eligibility).

  7. Here’s why everyone’s talking about the child tax credit

    www.aol.com/why-everyone-talking-child-tax...

    The child tax credit, which about 46 million families claimed in 2022, was approved by a Republican-led Congress and signed into law by then-President Bill Clinton, a Democrat, in 1997. It was a ...

  8. Child tax credit - Wikipedia

    en.wikipedia.org/wiki/Child_tax_credit

    The child tax credit is available to taxpayers who have children under the age of 17 (or in 2021 under the age of 18). Since 2018, the CTC is $2,000 per qualifying child. It is available in full to single filers who make up to $200,000 and married couples filing jointly who make up to $400,000.

  9. Schumer tees up vote on bill to expand child tax credit - AOL

    www.aol.com/schumer-tees-vote-bill-expand...

    July 29, 2024 at 6:00 PM. Senate Majority Leader Chuck Schumer (D-N.Y.) is teeing up a vote on the House’s bill to expand the child tax credit (CTC) later this week, potentially putting a cap on ...

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