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  2. Proposed child tax credit expansion would lift half a million ...

    www.aol.com/finance/proposed-child-tax-credit...

    The new design of the expanded child tax credit offers a few improvements. ... The current cap is set at $1,800, which would be lifted to $1,900 in 2023 and $2,000 in tax year 2025.

  3. Child Tax Credit: 4 Things You Need To Know in 2023 - AOL

    www.aol.com/finance/child-tax-credit-5-things...

    What That Means For Parents. There are several key differences between the expanded child tax credit parents enjoyed in 2021 and the pared-back one that was in effect for 2022 and so far, for 2023.

  4. 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 ...

  5. Child tax credit (United States) - Wikipedia

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

    The United States federal child tax credit (CTC) is a partially-refundable [a] tax credit for parents with dependent children. It provided $2,000 in tax relief per qualifying child, with up to $1,400 of that refundable (subject to a refundability threshold, phase-in and phase-out [b]). In 2021, following the passage of the American Rescue Plan ...

  6. How a 'game-changer' child tax credit for families became a ...

    www.aol.com/news/game-changer-child-tax-credit...

    The child tax credit was first enacted in 1997 as a way to give middle- and upper-income families an extra $500 nonrefundable tax credit per year for each of their children. The credit has been ...

  7. House passes sweeping, bipartisan bill with expanded child ...

    www.aol.com/house-passes-sweeping-bipartisan...

    The House passed a massive bipartisan tax deal that includes an expansion for the child tax credit and the renewal of some business tax breaks.

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

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

    The Tax Relief for American Families and Workers Act is a $78 billion package that would expand the Child Tax Credit (a tax benefit that provides money to parents), restore business tax breaks, increase federal funding for states to encourage the development of low-income housing, deepen economic ties between the United States and Taiwan and end a pandemic-era employer tax benefit.

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

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

    Tax Talk: Proceed cautiously when claiming the Earned Income Tax Credit this season. Succinctly, the current CTC for 2023 is a $2,000 credit per qualifying child. For a taxpayer to claim the CTC ...

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